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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI Cotton (CME:SPGSCT)
Long-Term Downtrend (-90) - SPGSCT is in a strong downtrend that is likely to continue. While SPGSCT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCT.
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 SPGSCT
The long-term trend has been DOWN since Apr 30th, 2024 at 113.250
The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 104.840
The short-term trend has been DOWN since Jul 19th, 2024 at 101.395
Smart Scan Analysis for SPGSCT
Based on our trend formula, SPGSCT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 97.624 | 97.738 | 96.215 | 96.742 | -0.811 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.553 | 0 | 2024-07-26 15:33:00 |
| 52wk High | 137.0376 | 52wk High Date | 2018-05-30 |
| 52wk Low | 102.5897 | 52wk Low Date | 2017-12-07 |