Index Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
S&P GSCI All Metals Capped Commodity (CME:SPGSAMC)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPGSAMC
The long term trend has been DOWN since Jan 2nd, 2019 at 201.7203
The intermediate term trend has been DOWN since Apr 11th, 2019 at 214.9737
The short term trend has been DOWN since Jun 14th, 2019 at 203.4155
Smart Scan Analysis for SPGSAMC
Based on a pre-defined weighted trend formula for chart analysis, SPGSAMC scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||253.5703||52wk High Date||2018-04-19|
|52wk Low||201.0712||52wk Low Date||2018-08-15|