Index Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
S&P GSCI Live Cattle Dynamic Roll ER (CME:SPDYLCP)
Bear Market Rally (-75) - SPDYLCP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPDYLCP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPDYLCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYLCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPDYLCP
The long-term trend has been DOWN since May 4th, 2021 at 100.245
The intermediate-term trend has been DOWN since Sep 2nd, 2021 at 102.991
The short-term trend has been UP since Sep 22nd, 2021 at 99.864
Smart Scan Analysis for SPDYLCP
Based on our trend formula, SPDYLCP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).