Index Trend Analysis Report
Prepared for you on Saturday, August 19, 2017.
S&P GSCI NON - PRECIOUS INDEX TOTAL RETURN (CME:SPGSXPTR)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 UP since Jul 2nd, 2017 at 572.942
The short term trend has been UP since Aug 18th, 2017 at 582.785
Smart Scan Analysis for SPGSXPTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSXPTR scored +50 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|