Analyze Symbol
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.
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MarketClub’s Trade Triangles for SPGSWHP
The long term trend has been DOWN since Feb 15th, 2019 at 6.6945
The intermediate term trend has been DOWN since Feb 14th, 2019 at 6.8177
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).
| 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 High | 8.36329 | 52wk High Date | 2018-08-02 |
| 52wk Low | 6.34301 | 52wk Low Date | 2017-12-12 |