Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
S&P GSCI ULTRA LIGHT ENERGY (CPW 8) SPOT (CME:SPGSUE)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPGSUE
The long term trend has been UP since Jul 3rd, 2017 at 349.2524
The intermediate term trend has been UP since Sep 4th, 2017 at 346.1029
The short term trend has been UP since Nov 17th, 2017 at 359.6237
Smart Scan Analysis for SPGSUE
Based on a pre-defined weighted trend formula for chart analysis, SPGSUE scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||364.9746||52wk High Date||2017-11-13|
|52wk Low||328.6905||52wk Low Date||2016-11-30|