Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
S&P GSCI ALL WHEAT INDEX TOTAL RETURN (CME:SPGSWTTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 UP since Feb 7th, 2018 at 90.7461
The intermediate term trend has been DOWN since Jun 14th, 2018 at 94.3612
The short term trend has been DOWN since Jun 14th, 2018 at 96.1195
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||123.9365||52wk High Date||2017-07-05|
|52wk Low||80.6585||52wk Low Date||2017-12-12|