Index Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
S&P GSCI AGRICULTURE CAPPED COMPONENT TRUST (CME:SPGSAGSCTR)
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 SPGSAGSCTR
The long term trend has been DOWN since Jun 15th, 2018 at 49.8249
The intermediate term trend has been UP since May 20th, 2019 at 43.6184
The short term trend has been DOWN since May 23rd, 2019 at 43.2930
Smart Scan Analysis for SPGSAGSCTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSAGSCTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.6223||52wk High Date||2018-05-29|
|52wk Low||44.488||52wk Low Date||2018-09-18|