Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
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.
MarketClub’s Trade Triangles for SPGSCTP
The long-term trend has been DOWN since Apr 1st, 2021 at 42.193
The intermediate-term trend has been UP since Jun 7th, 2021 at 45.696
The short-term trend has been DOWN since Jun 14th, 2021 at 45.255
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).
|52wk High||56.83961||52wk High Date||2018-05-30|
|52wk Low||42.93058||52wk Low Date||2017-12-07|