Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
S&P GSCI Non Precious Metals TR (CME:SPGSXPTR)
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 SPGSXPTR
The long term trend has been DOWN since Oct 1st, 2019 at 599.13
The intermediate term trend has been UP since Oct 23rd, 2019 at 640.27
The short term trend has been UP since Dec 5th, 2019 at 655.05
Smart Scan Analysis for SPGSXPTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSXPTR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||794.262||52wk High Date||2018-10-03|
|52wk Low||623.027||52wk Low Date||2018-11-29|