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Index Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

S&P GSCI Cotton ER (CME:SPGSCTP)

Crossroads (+60) - SPGSCTP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
52.263 52.771 51.126 51.659 -0.624
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 up The intermediate-term trend has been UP since May 23rd, 2024 at 53.002

short term up The short-term trend has been UP since May 22nd, 2024 at 49.950

Smart Scan Analysis for SPGSCTP

Based on our trend formula, SPGSCTP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGSCTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.263 52.771 51.126 51.659 -0.624
Prev. Close Volume Bid Ask Time
51.730 0 2024-05-24 14:30:00
52wk High56.8396152wk High Date2018-05-30
52wk Low42.9305852wk Low Date2017-12-07
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