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Index Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

S&P GSCI Live Cattle ER (CME:SPGSLCP)

Long-Term Downtrend (-90) - SPGSLCP is in a strong downtrend that is likely to continue. While SPGSLCP 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 SPGSLCP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLCP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGSLCP
Open High Low SPGSLCP Price Change
266.21 268.86 264.60 266.79 -0.46
Entry Signal

MarketClub’s Trade Triangles for SPGSLCP

long term down The long-term trend has been DOWN since Oct 19th, 2020 at 270.61

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2020 at 283.31

short term down The short-term trend has been DOWN since Oct 12th, 2020 at 287.89

Smart Scan Analysis for SPGSLCP

Based on our trend formula, SPGSLCP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPGSLCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
266.21 268.86 264.60 266.79 -0.46
Prev. Close Volume Bid Ask Time
287.89 0 2020-10-26 15:30:52
52wk High369.544452wk High Date2017-11-30
52wk Low299.230452wk Low Date2018-04-04
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