Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
S&P GSCI ALL METALS CAPPD COMM 35/20 ER (CME:SPGSAMCP)
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 SPGSAMCP
The long term trend has been UP since Feb 1st, 2019 at 133.2786
The intermediate term trend has been DOWN since Apr 11th, 2019 at 133.0058
The short term trend has been DOWN since Apr 7th, 2019 at 133.3260
Smart Scan Analysis for SPGSAMCP
Based on a pre-defined weighted trend formula for chart analysis, SPGSAMCP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||158.5665||52wk High Date||2018-04-19|
|52wk Low||125.2437||52wk Low Date||2018-08-15|