Index Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
S&P GSCI Agriculture & Livestock ER (CME:SPGSALP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SPGSALP
The long term trend has been DOWN since Feb 14th, 2019 at 66.12
The intermediate term trend has been UP since May 20th, 2019 at 63.49
The short term trend has been UP since Jun 12th, 2019 at 65.32
Smart Scan Analysis for SPGSALP
Based on a pre-defined weighted trend formula for chart analysis, SPGSALP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.61642||52wk High Date||2018-03-06|
|52wk Low||65.57746||52wk Low Date||2018-09-18|