Index Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
S&P GSCI Unleaded Gasoline (CME:SPGSHU)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 SPGSHU
The long term trend has been DOWN since Jan 27th, 2020 at 322.3086
The intermediate term trend has been UP since Feb 12th, 2020 at 354.4439
The short term trend has been UP since Feb 6th, 2020 at 322.9458
Smart Scan Analysis for SPGSHU
Based on a pre-defined weighted trend formula for chart analysis, SPGSHU scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||484.2382||52wk High Date||2018-05-22|
|52wk Low||287.6034||52wk Low Date||2018-11-29|