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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

S&P Global Timber and Forestry Index (TR) (CME:SPGTTFT)

Bull Market Weakness (+75) - SPGTTFT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGTTFT as it may be in the beginning stages of a reversal.

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

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

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

CME_SPGTTFT
Open High Low SPGTTFT Price Change
3609.92 3610.37 3593.81 3596.22 -13.74
Entry Signal

MarketClub’s Trade Triangles for SPGTTFT

long term up The long-term trend has been UP since Nov 14th, 2023 at 3413.92

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 3489.85

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 3606.97

Smart Scan Analysis for SPGTTFT

Based on our trend formula, SPGTTFT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPGTTFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3609.92 3610.37 3593.81 3596.22 -13.74
Prev. Close Volume Bid Ask Time
3609.96 0 2024-03-19 07:07:00
52wk High3295.7152wk High Date2018-06-07
52wk Low2464.9652wk Low Date2018-11-28
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