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Index Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
S&P GSCI Live Cattle (CME:SPGSLC)
Sidelines Mode (-50) - SPGSLC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPGSLC can gain momentum.
Is it time to buy, sell, or avoid SPGSLC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSLC
The long-term trend has been UP since Feb 6th, 2024 at 631.31
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 629.61
The short-term trend has been DOWN since May 1st, 2024 at 594.71
Smart Scan Analysis for SPGSLC
Based on our trend formula, SPGSLC is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 603.41 | 606.06 | 600.68 | 603.50 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 602.99 | 0 | 2024-05-03 14:14:00 |
| 52wk High | 436.6893 | 52wk High Date | 2018-02-20 |
| 52wk Low | 331.3139 | 52wk Low Date | 2018-04-04 |