Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
GOLDMAN SACHS TOTAL RETURN (CME:SPGSCITR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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 SPGSCITR
The long term trend has been UP since Mar 15th, 2019 at 2522.4577
The intermediate term trend has been UP since Jan 11th, 2019 at 2402.2591
The short term trend has been DOWN since Apr 15th, 2019 at 2622.1145
Smart Scan Analysis for SPGSCITR
Based on a pre-defined weighted trend formula for chart analysis, SPGSCITR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2966.857||52wk High Date||2018-10-03|
|52wk Low||2350.829||52wk Low Date||2018-11-29|