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Index Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

S&P GSCI 2X INVERSE CAPPED COMPONENT (CME:SPGC2XST)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

CME_SPGC2XST
Open High Low SPGC2XST Price Change
4540.213 4552.218 4475.269 4508.055 -28.909
Entry Signal

MarketClub’s Trade Triangles for SPGC2XST

long term up The long term trend has been UP since Dec 20th, 2018 at 5022.863

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 4747.501

short term down The short term trend has been DOWN since Feb 12th, 2019 at 4769.667

Smart Scan Analysis for SPGC2XST

Based on a pre-defined weighted trend formula for chart analysis, SPGC2XST scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPGC2XST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4540.213 4552.218 4475.269 4508.055 -28.909
Prev. Close Volume Bid Ask Time
4625.571 0 2019-02-22 12:56:08
52wk High4830.02852wk High Date2018-11-27
52wk Low3675.62952wk Low Date2018-05-22
Want to analyze S&P GSCI 2X INVERSE CAPPED COMPONENT SPGC2XST or another symbol? Try our Free Index Trend Analysis Report.