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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P GSCI Cotton ER (CME:SPGSCTP)
Long-Term Downtrend (-90) - SPGSCTP is in a strong downtrend that is likely to continue. While SPGSCTP 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 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 Jun 3rd, 2024 at 47.336
The short-term trend has been DOWN since Jul 19th, 2024 at 45.920
Smart Scan Analysis for SPGSCTP
Based on our trend formula, SPGSCTP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.213 | 44.264 | 43.575 | 43.813 | -0.367 |
| Prev. Close | Volume | Bid | Ask | Time |
| 44.180 | 0 | 2024-07-26 15:33:00 |
| 52wk High | 56.83961 | 52wk High Date | 2018-05-30 |
| 52wk Low | 42.93058 | 52wk Low Date | 2017-12-07 |