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Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P GLOBAL TIMBER & FORESTRY INDEX USD (CME:SPGTTF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_SPGTTF
Open High Low SPGTTF Price Change
1768.81 1771.44 1763.53 1766.21 -4.67
Entry Signal

MarketClub’s Trade Triangles for SPGTTF

long term down The long term trend has been DOWN since Jul 20th, 2018 at 1987.30

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 2004.88

short term up The short term trend has been UP since Oct 16th, 2018 at 1762.68

Smart Scan Analysis for SPGTTF

Based on a pre-defined weighted trend formula for chart analysis, SPGTTF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPGTTF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1768.81 1771.44 1763.53 1766.21 -4.67
Prev. Close Volume Bid Ask Time
1770.88 0 2018-10-17 05:00:45
52wk High2161.7352wk High Date2018-06-07
52wk Low1733.2552wk Low Date2018-10-15
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