Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
S&P GSCI Lean Hogs Dynamic Roll ER (CME:SPDYLHP)
Strong Downtrend (-100) - SPDYLHP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPDYLHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYLHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPDYLHP
The long-term trend has been DOWN since Nov 18th, 2019 at 12.4600
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 12.0640
The short-term trend has been DOWN since Feb 24th, 2020 at 10.5357
Smart Scan Analysis for SPDYLHP
Based on our trend formula, SPDYLHP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).