Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
S&P GSCI Non Precious Metals ER (CME:SPGSXPP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.
MarketClub’s Trade Triangles for SPGSXPP
The long term trend has been DOWN since Oct 1st, 2019 at 69.3317
The intermediate term trend has been UP since Oct 23rd, 2019 at 73.8410
The short term trend has been UP since Dec 5th, 2019 at 75.3660
Smart Scan Analysis for SPGSXPP
Based on a pre-defined weighted trend formula for chart analysis, SPGSXPP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||93.7674||52wk High Date||2018-10-03|
|52wk Low||73.2837||52wk Low Date||2018-11-29|