Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P GSCI AGRICULTURE & LIVESTOCK 3 MTHTR (CME:SG3MALCT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SG3MALCT
The long term trend has been DOWN since Apr 4th, 2018 at 126.6076
The intermediate term trend has been UP since Oct 1st, 2018 at 123.5903
The short term trend has been DOWN since Oct 19th, 2018 at 125.0951
Smart Scan Analysis for SG3MALCT
Based on a pre-defined weighted trend formula for chart analysis, SG3MALCT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||135.982||52wk High Date||2018-03-05|
|52wk Low||118.6406||52wk Low Date||2018-07-11|