Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
S&P GSCI GOLD INDEX TOTAL RETURN (CME:SPGSGCTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for SPGSGCTR
The long term trend has been DOWN since Apr 16th, 2019 at 674.2945
The intermediate term trend has been UP since May 13th, 2019 at 679.4595
The short term trend has been DOWN since May 23rd, 2019 at 670.7997
Smart Scan Analysis for SPGSGCTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSGCTR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||725.985||52wk High Date||2018-01-25|
|52wk Low||613.364||52wk Low Date||2018-08-16|