Index Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
S&P GSCI NON - PRECIOUS INDEX EXCESS RETURN (CME:SPGSXPP)
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 SPGSXPP
The long term trend has been UP since Sep 6th, 2017 at 72.3655
The intermediate term trend has been DOWN since Jun 4th, 2018 at 86.7898
The short term trend has been DOWN since Jun 15th, 2018 at 86.4563
Smart Scan Analysis for SPGSXPP
Based on a pre-defined weighted trend formula for chart analysis, SPGSXPP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||91.2646||52wk High Date||2018-05-22|
|52wk Low||64.747||52wk Low Date||2017-06-21|