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Index Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

S&P GSCI Inverse Crude Oil ER (CME:SPGSICLP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_SPGSICLP
Open High Low SPGSICLP Price Change
5.6368 5.7414 5.6075 5.6744 +0.0376
Entry Signal

MarketClub’s Trade Triangles for SPGSICLP

long term down The long term trend has been DOWN since Sep 16th, 2019 at 5.2843

intermediate term up The intermediate term trend has been UP since Oct 2nd, 2019 at 5.7856

short term down The short term trend has been DOWN since Oct 11th, 2019 at 5.6287

Smart Scan Analysis for SPGSICLP

Based on a pre-defined weighted trend formula for chart analysis, SPGSICLP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SPGSICLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.6368 5.7414 5.6075 5.6744 +0.0376
Prev. Close Volume Bid Ask Time
5.6368 0 2019-10-21 15:37:06
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