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Index Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

S&P GSCI WHEAT INDEX EXCESS RETURN (CME:SPGSWHP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

CME_SPGSWHP
Open High Low SPGSWHP Price Change
6.5003 6.5864 6.4705 6.4871 -0.0132
Entry Signal

MarketClub’s Trade Triangles for SPGSWHP

long term down The long term trend has been DOWN since Feb 15th, 2019 at 6.6945

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 6.8177

short term up The short term trend has been UP since Feb 22nd, 2019 at 6.5434

Smart Scan Analysis for SPGSWHP

Based on a pre-defined weighted trend formula for chart analysis, SPGSWHP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPGSWHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.5003 6.5864 6.4705 6.4871 -0.0132
Prev. Close Volume Bid Ask Time
6.7122 0 2019-02-22 10:55:31
52wk High8.3632952wk High Date2018-08-02
52wk Low6.3430152wk Low Date2017-12-12
Want to analyze S&P GSCI WHEAT INDEX EXCESS RETURN SPGSWHP or another symbol? Try our Free Index Trend Analysis Report.