Index Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
S&P GSCI ALL WHEAT INDEX TOTAL RETURN (CME:SPGSWTTR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 SPGSWTTR
The long term trend has been DOWN since Oct 25th, 2018 at 85.2729
The intermediate term trend has been UP since Dec 7th, 2018 at 89.4979
The short term trend has been UP since Dec 7th, 2018 at 88.3595
Smart Scan Analysis for SPGSWTTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSWTTR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||107.4855||52wk High Date||2018-08-02|
|52wk Low||80.6585||52wk Low Date||2017-12-12|