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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

S&P GSCI All Wheat ER (CME:SPGSWTP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_SPGSWTP
Open High Low SPGSWTP Price Change
7.5370 7.5763 7.4629 7.5215 -0.0208
Entry Signal

MarketClub’s Trade Triangles for SPGSWTP

long term up The long term trend has been UP since Nov 29th, 2019 at 7.7461

intermediate term up The intermediate term trend has been UP since Nov 25th, 2019 at 7.5838

short term down The short term trend has been DOWN since Dec 3rd, 2019 at 7.5628

Smart Scan Analysis for SPGSWTP

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

+85
Smart Scan Analysis for SPGSWTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.5370 7.5763 7.4629 7.5215 -0.0208
Prev. Close Volume Bid Ask Time
7.5423 0 2019-12-06 15:27:29
52wk High10.1597452wk High Date2018-08-02
52wk Low7.7090652wk Low Date2017-12-12
Want to analyze S&P GSCI All Wheat ER SPGSWTP or another symbol? Try our Free Index Trend Analysis Report.