Index Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
S&P GSCI NON-ENERGY EUR INDEX (CME:SPGSNEE)
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 SPGSNEE
The long term trend has been UP since Nov 13th, 2018 at 121.1468
The intermediate term trend has been UP since Jan 15th, 2019 at 119.9612
The short term trend has been DOWN since Feb 14th, 2019 at 121.9543
Smart Scan Analysis for SPGSNEE
Based on a pre-defined weighted trend formula for chart analysis, SPGSNEE scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||129.7036||52wk High Date||2018-05-29|
|52wk Low||112.9332||52wk Low Date||2018-04-04|