Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
S&P GSCI Livestock ER (CME:SPGSLVP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SPGSLVP
The long term trend has been DOWN since May 28th, 2019 at 172.3956
The intermediate term trend has been UP since Jul 10th, 2019 at 170.4313
The short term trend has been UP since Jul 10th, 2019 at 170.0807
Smart Scan Analysis for SPGSLVP
Based on a pre-defined weighted trend formula for chart analysis, SPGSLVP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||191.9314||52wk High Date||2017-11-30|
|52wk Low||156.9069||52wk Low Date||2018-04-04|