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Index Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

S&P WCI Gold Inverse ER (CME:SPWGC1IP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPWGC1IP
Open High Low SPWGC1IP Price Change
139.78 139.82 139.57 139.72 -0.42
Entry Signal

MarketClub’s Trade Triangles for SPWGC1IP

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 162.91

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 146.98

short term down The short term trend has been DOWN since Jan 15th, 2020 at 140.26

Smart Scan Analysis for SPWGC1IP

Based on a pre-defined weighted trend formula for chart analysis, SPWGC1IP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPWGC1IP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
139.78 139.82 139.57 139.72 -0.42
Prev. Close Volume Bid Ask Time
140.52 0 2020-01-17 11:28:23
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