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Index Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

S&P GSCI Aluminum (CME:SPGSIA)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

CME_SPGSIA
Open High Low SPGSIA Price Change
109.4226 110.2174 109.3591 109.4226 -0.4451
Entry Signal

MarketClub’s Trade Triangles for SPGSIA

long term down The long term trend has been DOWN since Dec 19th, 2018 at 121.0579

intermediate term down The intermediate term trend has been DOWN since Sep 26th, 2019 at 110.6784

short term down The short term trend has been DOWN since Oct 11th, 2019 at 110.7801

Smart Scan Analysis for SPGSIA

Based on a pre-defined weighted trend formula for chart analysis, SPGSIA scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPGSIA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.4226 110.2174 109.3591 109.4226 -0.4451
Prev. Close Volume Bid Ask Time
109.4544 0 2019-10-14 09:15:30
52wk High173.3214000052wk High Date2018-04-19
52wk Low121.0579000052wk Low Date2018-11-28
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