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Index Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

S&P Gold - Equity Spread Index TR (CME:SPGDESTR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

CME_SPGDESTR
Open High Low SPGDESTR Price Change
62.79 63.00 62.62 62.93 +0.26
Entry Signal

MarketClub’s Trade Triangles for SPGDESTR

long term down The long term trend has been DOWN since Nov 5th, 2019 at 65.60

intermediate term up The intermediate term trend has been UP since Dec 31st, 2019 at 63.53

short term down The short term trend has been DOWN since Jan 8th, 2020 at 64.00

Smart Scan Analysis for SPGDESTR

Based on a pre-defined weighted trend formula for chart analysis, SPGDESTR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SPGDESTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.79 63.00 62.62 62.93 +0.26
Prev. Close Volume Bid Ask Time
64.06 0 2020-01-17 16:29:58
52wk High74.8152wk High Date2018-02-06
52wk Low56.1352wk Low Date2018-10-01
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