Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P GSCI Brent Crude TR (CME:SPGSBRTR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 SPGSBRTR
The long term trend has been UP since Sep 16th, 2019 at 580.270
The intermediate term trend has been UP since Sep 5th, 2019 at 532.270
The short term trend has been UP since Sep 16th, 2019 at 553.516
Smart Scan Analysis for SPGSBRTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSBRTR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||712.05||52wk High Date||2018-10-03|
|52wk Low||475.129||52wk Low Date||2017-12-07|