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Index Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
S&P GSCI Cotton ER (CME:SPGSCTP)
Strong Downtrend (-100) - SPGSCTP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSCTP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSCTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCTP.
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 SPGSCTP
The long-term trend has been DOWN since Apr 16th, 2024 at 52.545
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 60.662
The short-term trend has been DOWN since May 10th, 2024 at 49.321
Smart Scan Analysis for SPGSCTP
Based on our trend formula, SPGSCTP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.897 | 49.359 | 48.537 | 48.755 | -0.110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.755 | 0 | 2024-05-17 15:44:00 |
| 52wk High | 56.83961 | 52wk High Date | 2018-05-30 |
| 52wk Low | 42.93058 | 52wk Low Date | 2017-12-07 |