Index Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
S&P GSCI ZINC INDEX TOTAL RETURN (CME:SPGSIZTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for SPGSIZTR
The long term trend has been UP since Apr 3rd, 2019 at 148.72
The intermediate term trend has been DOWN since Apr 18th, 2019 at 141.61
The short term trend has been UP since May 24th, 2019 at 133.89
Smart Scan Analysis for SPGSIZTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSIZTR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||171.3226||52wk High Date||2018-02-15|
|52wk Low||110.5232||52wk Low Date||2018-08-15|