Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P GSCI Unleaded Gasoline (CME:SPGSHU)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 Jun 4th, 2019 at 363.7043
The intermediate term trend has been UP since Sep 9th, 2019 at 336.0930
The short term trend has been UP since Sep 16th, 2019 at 341.5770
Smart Scan Analysis for SPGSHU
Based on a pre-defined weighted trend formula for chart analysis, SPGSHU scored +60 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|