Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

S&P GSCI Live Cattle ER (CME:SPGSLCP)

Sidelines Mode (-55) - SPGSLCP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPGSLCP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLCP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSLCP
Open High Low SPGSLCP Price Change
326.82 326.82 322.60 324.36 -3.66
Entry Signal

MarketClub’s Trade Triangles for SPGSLCP

long term up The long-term trend has been UP since Feb 21st, 2024 at 340.75

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2024 at 337.71

short term up The short-term trend has been UP since Apr 26th, 2024 at 330.80

Smart Scan Analysis for SPGSLCP

Based on our trend formula, SPGSLCP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSLCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
326.82 326.82 322.60 324.36 -3.66
Prev. Close Volume Bid Ask Time
323.99 0 2024-04-30 14:12:00
52wk High369.544452wk High Date2017-11-30
52wk Low299.230452wk Low Date2018-04-04
Get a free daily analysis and signals for S&P GSCI Live Cattle ER (SPGSLCP) - Request Your Free Report.