Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
S&P GSCI Precious Metals ER (CME:SPGSPMP)
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 SPGSPMP
The long term trend has been UP since Jun 7th, 2019 at 169.8070
The intermediate term trend has been UP since May 13th, 2019 at 164.8130
The short term trend has been UP since Jun 13th, 2019 at 169.6069
Smart Scan Analysis for SPGSPMP
Based on a pre-defined weighted trend formula for chart analysis, SPGSPMP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||182.7771||52wk High Date||2018-01-25|
|52wk Low||152.1462||52wk Low Date||2018-08-16|