Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2019.
S&P GOLDMAN SACHS FUT PRICE (CME:SPGSFPI)
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 SPGSFPI
The long term trend has been UP since Apr 1st, 2019 at 439.9006
The intermediate term trend has been UP since Jan 18th, 2019 at 409.3478
The short term trend has been DOWN since Apr 11th, 2019 at 449.1794
Smart Scan Analysis for SPGSFPI
Based on a pre-defined weighted trend formula for chart analysis, SPGSFPI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||504.3294||52wk High Date||2018-10-03|
|52wk Low||400.0246||52wk Low Date||2018-11-29|