Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
S&P GSCI Dynamic Roll Alpha Light Energy (CME:SPDYALEP)
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 SPDYALEP
The long term trend has been DOWN since Apr 1st, 2019 at 302.0666
The intermediate term trend has been UP since Jun 28th, 2019 at 300.4129
The short term trend has been UP since Jul 19th, 2019 at 300.2293
Smart Scan Analysis for SPDYALEP
Based on a pre-defined weighted trend formula for chart analysis, SPDYALEP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||305.9087||52wk High Date||2018-11-29|
|52wk Low||298.0678||52wk Low Date||2018-07-03|