Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
S&P GSCI FEEDER CATTLE INDEX TOTAL RETURN (CME:SPGSFCTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPGSFCTR
The long term trend has been UP since Jul 2nd, 2018 at 144.9453
The intermediate term trend has been DOWN since Jan 7th, 2019 at 143.8101
The short term trend has been DOWN since Jan 14th, 2019 at 145.6944
Smart Scan Analysis for SPGSFCTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSFCTR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||155.0343||52wk High Date||2017-11-30|
|52wk Low||127.7657||52wk Low Date||2018-04-04|