Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P GSCI Lean Hogs (CME:SPGSLH)
Bear Market Rally (-75) - SPGSLH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGSLH as it may be in the beginning of a reversal.
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 Jul 9th, 2021 at 141.5533
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 126.6318
The short-term trend has been UP since Sep 17th, 2021 at 109.7304
Smart Scan Analysis for SPGSLH
Based on our trend formula, SPGSLH is rated as a -75 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|