Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2019.
S&P GSCI GAS OIL INDEX TOTAL RETURN (CME:SPGSGOTR)
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 SPGSGOTR
The long term trend has been UP since Dec 18th, 2018 at 652.9605
The intermediate term trend has been UP since Dec 18th, 2018 at 520.5586
The short term trend has been UP since Apr 16th, 2019 at 570.3547
Smart Scan Analysis for SPGSGOTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSGOTR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||652.9605||52wk High Date||2018-10-04|
|52wk Low||463.0819||52wk Low Date||2018-02-14|