Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
S&P GSCI Palladium (CME:SPGSPA)
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 SPGSPA
The long term trend has been UP since Jul 2nd, 2019 at 993.8138
The intermediate term trend has been UP since Nov 27th, 2019 at 1145.4100
The short term trend has been UP since Nov 19th, 2019 at 1087.5000
Smart Scan Analysis for SPGSPA
Based on a pre-defined weighted trend formula for chart analysis, SPGSPA scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||741.4541||52wk High Date||2018-11-16|
|52wk Low||520.4082||52wk Low Date||2018-08-16|