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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

S&P GSCI Cotton Dynamic Roll ER (CME:SPDYCTP)

Strong Downtrend (-100) - SPDYCTP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPDYCTP continues to fall. Traders should use caution and set stops.

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

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

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

CME_SPDYCTP
Open High Low SPDYCTP Price Change
46.123 46.522 45.938 46.073 -0.050
Entry Signal

MarketClub’s Trade Triangles for SPDYCTP

long term down The long-term trend has been DOWN since May 1st, 2024 at 47.014

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 50.763

short term down The short-term trend has been DOWN since May 10th, 2024 at 46.307

Smart Scan Analysis for SPDYCTP

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

-100
Smart Scan Analysis for SPDYCTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.123 46.522 45.938 46.073 -0.050
Prev. Close Volume Bid Ask Time
46.073 0 2024-05-17 15:44:01
52wk High48.708852wk High Date2018-06-08
52wk Low36.580652wk Low Date2017-12-07
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