Index Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
S&P GSCI Agriculture Capped Component (CME:SPGSAGSC)
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.
MarketClub’s Trade Triangles for SPGSAGSC
The long term trend has been UP since May 28th, 2019 at 140.9055
The intermediate term trend has been DOWN since Jul 9th, 2019 at 140.8580
The short term trend has been DOWN since Jul 15th, 2019 at 143.5986
Smart Scan Analysis for SPGSAGSC
Based on a pre-defined weighted trend formula for chart analysis, SPGSAGSC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||154.5795||52wk High Date||2018-05-29|
|52wk Low||131.138||52wk Low Date||2018-09-18|