Index Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
S&P GSCI ZINC INDEX TOTAL RETURN (CME:SPGSIZTR)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 DOWN since Dec 18th, 2018 at 110.83545
The intermediate term trend has been UP since Jan 17th, 2019 at 126.07000
The short term trend has been UP since Feb 19th, 2019 at 133.45000
Smart Scan Analysis for SPGSIZTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSIZTR scored +50 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|