Index Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
S&P GSCI Industrial Metals TR (CME:SPGSINTR)
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 SPGSINTR
The long term trend has been DOWN since Dec 18th, 2018 at 1208.244
The intermediate term trend has been UP since Jun 24th, 2019 at 1192.300
The short term trend has been UP since Jun 24th, 2019 at 1192.300
Smart Scan Analysis for SPGSINTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSINTR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1555.51||52wk High Date||2018-04-19|
|52wk Low||1203.449||52wk Low Date||2018-08-15|