Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
S&P GSCI NON - LIVESTOCK INDEX SPOT (CME:SPGSNL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPGSNL
The long term trend has been UP since Mar 18th, 2019 at 211.3499
The intermediate term trend has been UP since Jan 11th, 2019 at 199.0668
The short term trend has been UP since Mar 11th, 2019 at 206.8488
Smart Scan Analysis for SPGSNL
Based on a pre-defined weighted trend formula for chart analysis, SPGSNL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||250.0846||52wk High Date||2018-10-03|
|52wk Low||194.715||52wk Low Date||2018-11-29|