Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
S&P GSCI Non Energy EUR TR (CME:SPGSNETRE)
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 SPGSNETRE
The long term trend has been DOWN since May 1st, 2019 at 74.9777
The intermediate term trend has been UP since Jun 14th, 2019 at 77.1815
The short term trend has been UP since Jul 19th, 2019 at 77.5150
Smart Scan Analysis for SPGSNETRE
Based on a pre-defined weighted trend formula for chart analysis, SPGSNETRE scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||83.8186||52wk High Date||2018-05-29|
|52wk Low||72.7139||52wk Low Date||2018-09-18|