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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P GSCI Cotton ER (CME:SPGSCTP)

Bear Market Rally (-75) - SPGSCTP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSCTP as it may be in the beginning of a reversal.

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.

CME_SPGSCTP
Open High Low SPGSCTP Price Change
52.135 52.347 52.115 52.270 +0.206
Entry Signal

MarketClub’s Trade Triangles for SPGSCTP

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 52.545

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 60.662

short term up The short-term trend has been UP since Apr 22nd, 2024 at 53.053

Smart Scan Analysis for SPGSCTP

Based on our trend formula, SPGSCTP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGSCTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.135 52.347 52.115 52.270 +0.206
Prev. Close Volume Bid Ask Time
52.064 0 2024-04-26 03:05:00
52wk High56.8396152wk High Date2018-05-30
52wk Low42.9305852wk Low Date2017-12-07
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