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Index Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

S&P GSCI BIOFUELS TOTAL RETURN USD (CME:SPGSBFTR)

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.

CME_SPGSBFTR
Open High Low SPGSBFTR Price Change
49.3520 49.7295 49.2477 49.3963 +0.0477
Entry Signal

MarketClub’s Trade Triangles for SPGSBFTR

long term down The long term trend has been DOWN since Mar 7th, 2019 at 48.4677

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 50.1201

short term up The short term trend has been UP since Mar 22nd, 2019 at 49.5423

Smart Scan Analysis for SPGSBFTR

Based on a pre-defined weighted trend formula for chart analysis, SPGSBFTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SPGSBFTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.3520 49.7295 49.2477 49.3963 +0.0477
Prev. Close Volume Bid Ask Time
50.9904 0 2019-03-22 15:32:55
52wk High58.87452wk High Date2017-11-30
52wk Low46.424752wk Low Date2018-09-18
Want to analyze S&P GSCI BIOFUELS TOTAL RETURN USD SPGSBFTR or another symbol? Try our Free Index Trend Analysis Report.