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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P GSCI Cotton (CME:SPGSCT)

Sidelines Mode (-55) - SPGSCT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

CME_SPGSCT
Open High Low SPGSCT Price Change
115.78 115.91 115.59 115.59 -0.15
Entry Signal

MarketClub’s Trade Triangles for SPGSCT

long term up The long-term trend has been UP since Feb 1st, 2024 at 122.17

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 131.66

short term up The short-term trend has been UP since Apr 22nd, 2024 at 117.50

Smart Scan Analysis for SPGSCT

Based on our trend formula, SPGSCT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.78 115.91 115.59 115.59 -0.15
Prev. Close Volume Bid Ask Time
115.74 0 2024-04-24 04:48:00
52wk High137.037652wk High Date2018-05-30
52wk Low102.589752wk Low Date2017-12-07
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