Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
S&P GSCI FEEDER CATTLE INDEX TOTAL RETURN (CME:SPGSFCTR)
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 SPGSFCTR
The long term trend has been DOWN since Mar 16th, 2018 at 139.3010
The intermediate term trend has been UP since May 30th, 2018 at 139.7655
The short term trend has been UP since Jun 18th, 2018 at 141.7033
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||160.8464||52wk High Date||2017-11-03|
|52wk Low||127.7657||52wk Low Date||2018-04-04|