Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
S&P GOLDMAN SACHS LIVESTOCK (CME:SPGSLV)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPGSLV
The long term trend has been UP since Nov 15th, 2018 at 268.3257
The intermediate term trend has been UP since Nov 13th, 2018 at 263.9450
The short term trend has been UP since Dec 5th, 2018 at 277.0796
Smart Scan Analysis for SPGSLV
Based on a pre-defined weighted trend formula for chart analysis, SPGSLV scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||291.5615||52wk High Date||2018-02-05|
|52wk Low||238.8574||52wk Low Date||2018-08-24|