Index Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
S&P GSCI Non Energy EUR (CME:SPGSNEE)
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 SPGSNEE
The long term trend has been DOWN since May 5th, 2019 at 119.735
The intermediate term trend has been UP since Sep 11th, 2019 at 119.690
The short term trend has been UP since Sep 10th, 2019 at 118.960
Smart Scan Analysis for SPGSNEE
Based on a pre-defined weighted trend formula for chart analysis, SPGSNEE scored +60 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|