Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
S&P GSCI Agriculture Capped Component EUR (CME:SPGSAGSCE)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SPGSAGSCE
The long term trend has been UP since May 28th, 2019 at 146.9889
The intermediate term trend has been DOWN since Jul 18th, 2019 at 147.3192
The short term trend has been UP since Jul 19th, 2019 at 148.9878
Smart Scan Analysis for SPGSAGSCE
Based on a pre-defined weighted trend formula for chart analysis, SPGSAGSCE scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||158.4402||52wk High Date||2018-05-29|
|52wk Low||130.2221||52wk Low Date||2018-01-25|