Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
S&P GSCI Aluminum ER (CME:SPGSIAP)
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 SPGSIAP
The long term trend has been DOWN since Oct 24th, 2018 at 27.53053
The intermediate term trend has been UP since Sep 9th, 2019 at 23.77000
The short term trend has been UP since Sep 20th, 2019 at 23.79300
Smart Scan Analysis for SPGSIAP
Based on a pre-defined weighted trend formula for chart analysis, SPGSIAP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||37.6669||52wk High Date||2018-04-19|
|52wk Low||26.25081||52wk Low Date||2018-11-28|