Index Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
S&P GSCI FEEDER CATTLE INDEX SPOT (CME:SPGSFC)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPGSFC
The long term trend has been DOWN since Nov 7th, 2018 at 172.0320
The intermediate term trend has been DOWN since Oct 9th, 2018 at 183.7272
The short term trend has been UP since Dec 11th, 2018 at 171.8548
Smart Scan Analysis for SPGSFC
Based on a pre-defined weighted trend formula for chart analysis, SPGSFC scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||188.6888||52wk High Date||2018-10-01|
|52wk Low||152.2741||52wk Low Date||2018-04-04|