Index Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
S&P GSCI Platinum TR (CME:SPGSPLTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SPGSPLTR
The long term trend has been UP since Apr 4th, 2019 at 658.3272
The intermediate term trend has been DOWN since Sep 27th, 2019 at 693.2080
The short term trend has been UP since Oct 9th, 2019 at 671.0240
Smart Scan Analysis for SPGSPLTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSPLTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||774.77010000||52wk High Date||2018-01-25|
|52wk Low||566.59100000||52wk Low Date||2018-08-16|