Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P GSCI Lean Hogs (CME:SPGSLH)
Long-Term Downtrend (-90) - SPGSLH is in a strong downtrend that is likely to continue. While SPGSLH 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 SPGSLH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSLH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSLH
The long-term trend has been DOWN since Mar 30th, 2020 at 89.4928
The intermediate-term trend has been DOWN since May 29th, 2020 at 81.2071
The short-term trend has been DOWN since May 28th, 2020 at 81.8304
Smart Scan Analysis for SPGSLH
Based on our trend formula, SPGSLH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||117.6862||52wk High Date||2018-05-30|
|52wk Low||70.2451||52wk Low Date||2018-08-09|