Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
S&P GSCI FEEDER CATTLE INDEX TOTAL RETURN (CME:SPGSFCTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SPGSFCTR
The long term trend has been UP since Oct 25th, 2017 at 154.7696
The intermediate term trend has been UP since Jan 2nd, 2018 at 147.6118
The short term trend has been DOWN since Feb 21st, 2018 at 150.1772
Smart Scan Analysis for SPGSFCTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSFCTR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||160.8464||52wk High Date||2017-11-03|
|52wk Low||118.0616||52wk Low Date||2017-03-03|