Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
S&P GSCI SOYBEAN MEAL DYNAMIC ROLL ER (CME:SPDYSMP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPDYSMP
The long term trend has been UP since Dec 18th, 2018 at 792.3119
The intermediate term trend has been UP since Mar 17th, 2019 at 733.5451
The short term trend has been UP since Mar 13th, 2019 at 718.4769
Smart Scan Analysis for SPDYSMP
Based on a pre-defined weighted trend formula for chart analysis, SPDYSMP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||950.1449||52wk High Date||2018-05-01|
|52wk Low||728.4808||52wk Low Date||2018-11-26|