Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
S&P GSCI FEEDER CATTLE INDEX EXCESS RETURN (CME:SPGSFCP)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SPGSFCP
The long term trend has been UP since Jul 2nd, 2018 at 117.7437
The intermediate term trend has been DOWN since Jan 7th, 2019 at 115.4873
The short term trend has been UP since Feb 19th, 2019 at 117.1667
Smart Scan Analysis for SPGSFCP
Based on a pre-defined weighted trend formula for chart analysis, SPGSFCP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||127.1651||52wk High Date||2017-11-30|
|52wk Low||104.2477||52wk Low Date||2018-04-04|