Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
S&P GSCI Grains ER (CME:SPGSGRP)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 SPGSGRP
The long term trend has been UP since May 28th, 2019 at 21.40
The intermediate term trend has been UP since May 16th, 2019 at 19.14
The short term trend has been UP since Jun 11th, 2019 at 20.97
Smart Scan Analysis for SPGSGRP
Based on a pre-defined weighted trend formula for chart analysis, SPGSGRP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.3539||52wk High Date||2018-05-29|
|52wk Low||20.32374||52wk Low Date||2018-09-18|