Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
S&P GSCI NON - PRECIOUS INDEX TOTAL RETURN (CME:SPGSXPTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SPGSXPTR
The long term trend has been DOWN since Mar 8th, 2017 at 617.362
The intermediate term trend has been DOWN since Jun 7th, 2017 at 570.665
The short term trend has been UP since Jun 26th, 2017 at 546.283
Smart Scan Analysis for SPGSXPTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSXPTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||651.901||52wk High Date||2017-01-03|
|52wk Low||537.589||52wk Low Date||2017-06-21|