Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
S&P GSCI LEAN HOGS INDEX SPOT (CME:SPGSLH)
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 SPGSLH
The long term trend has been UP since Nov 12th, 2018 at 88.1730
The intermediate term trend has been UP since Oct 29th, 2018 at 85.6433
The short term trend has been DOWN since Dec 11th, 2018 at 95.6887
Smart Scan Analysis for SPGSLH
Based on a pre-defined weighted trend formula for chart analysis, SPGSLH scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||117.6862||52wk High Date||2018-05-30|
|52wk Low||70.2451||52wk Low Date||2018-08-09|