Index Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
S&P GSCI Agriculture Capped Component EUR ER (CME:SPGSAGSCPE)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 SPGSAGSCPE
The long term trend has been DOWN since Sep 4th, 2019 at 62.8218
The intermediate term trend has been UP since Sep 13th, 2019 at 64.7429
The short term trend has been UP since Sep 10th, 2019 at 62.9060
Smart Scan Analysis for SPGSAGSCPE
Based on a pre-defined weighted trend formula for chart analysis, SPGSAGSCPE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||83.664||52wk High Date||2018-05-29|
|52wk Low||66.7603||52wk Low Date||2018-09-18|