Index Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
S&P GSCI 2X Inverse Capped Component TR (CME:SPGC2XST)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SPGC2XST
The long term trend has been UP since May 31st, 2019 at 4855.726
The intermediate term trend has been DOWN since Sep 9th, 2019 at 5126.688
The short term trend has been UP since Sep 12th, 2019 at 5145.383
Smart Scan Analysis for SPGC2XST
Based on a pre-defined weighted trend formula for chart analysis, SPGC2XST scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4830.028||52wk High Date||2018-11-27|
|52wk Low||3675.629||52wk Low Date||2018-05-22|