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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

S&P GSCI NICKEL INDEX SPOT (CME:SPGSIK)

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_SPGSIK
Open High Low SPGSIK Price Change
206.7808 207.2144 202.4765 203.2474 -3.5334
Entry Signal

MarketClub’s Trade Triangles for SPGSIK

long term down The long term trend has been DOWN since Dec 26th, 2018 at 171.7365

intermediate term down The intermediate term trend has been DOWN since Apr 17th, 2019 at 206.3873

short term down The short term trend has been DOWN since Apr 5th, 2019 at 210.5229

Smart Scan Analysis for SPGSIK

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

-100
Smart Scan Analysis for SPGSIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
206.7808 207.2144 202.4765 203.2474 -3.5334
Prev. Close Volume Bid Ask Time
198.7183 0 2019-04-18 15:25:35
52wk High267.763152wk High Date2018-04-19
52wk Low171.736552wk Low Date2018-11-27
Want to analyze S&P GSCI NICKEL INDEX SPOT SPGSIK or another symbol? Try our Free Index Trend Analysis Report.