Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
S&P COMMODITY TRENDS INDICATOR SPOT (CME:SPTICDP)
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 SPTICDP
The long term trend has been UP since Nov 6th, 2017 at 1053.77
The intermediate term trend has been UP since Oct 11th, 2017 at 1013.46
The short term trend has been UP since Nov 17th, 2017 at 1038.13
Smart Scan Analysis for SPTICDP
Based on a pre-defined weighted trend formula for chart analysis, SPTICDP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1149.22||52wk High Date||2016-12-06|
|52wk Low||988.36||52wk Low Date||2017-09-21|