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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P GSCI Cotton (CME:SPGSCT)
Sidelines Mode (+55) - SPGSCT 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 SPGSCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCT.
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 SPGSCT
The long-term trend has been UP since Feb 1st, 2024 at 122.17
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 131.66
The short-term trend has been UP since Apr 22nd, 2024 at 117.50
Smart Scan Analysis for SPGSCT
Based on our trend formula, SPGSCT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 115.78 | 115.89 | 115.69 | 115.84 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 115.74 | 0 | 2024-04-24 01:02:00 |
| 52wk High | 137.0376 | 52wk High Date | 2018-05-30 |
| 52wk Low | 102.5897 | 52wk Low Date | 2017-12-07 |