Index Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
S&P GSCI Inverse Crude Oil TR (CME:SPGSICLT)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for SPGSICLT
The long term trend has been UP since Jun 2nd, 2019 at 10.82
The intermediate term trend has been UP since Jul 18th, 2019 at 10.25
The short term trend has been UP since Jul 14th, 2019 at 9.57
Smart Scan Analysis for SPGSICLT
Based on a pre-defined weighted trend formula for chart analysis, SPGSICLT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).