Index Trend Analysis Report
Prepared for you on Monday, July 15, 2019.
S&P GSCI Unleaded Gasoline ER (CME:SPGSHUP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPGSHUP
The long term trend has been UP since Apr 1st, 2019 at 951.7967
The intermediate term trend has been UP since Jun 23rd, 2019 at 954.2147
The short term trend has been DOWN since Jul 14th, 2019 at 1029.8888
Smart Scan Analysis for SPGSHUP
Based on a pre-defined weighted trend formula for chart analysis, SPGSHUP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1212.052||52wk High Date||2018-10-03|
|52wk Low||769.1364||52wk Low Date||2018-11-29|