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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

S&P Global Timber and Forestry Index (CME:SPGTTF)

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

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

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

CME_SPGTTF
Open High Low SPGTTF Price Change
1858.64 1876.03 1857.61 1871.91 +11.77
Entry Signal

MarketClub’s Trade Triangles for SPGTTF

long term down The long-term trend has been DOWN since Mar 4th, 2022 at 2149.69

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 2119.65

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 1868.39

Smart Scan Analysis for SPGTTF

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

-90
Smart Scan Analysis for SPGTTF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1858.64 1876.03 1857.61 1871.91 +11.77
Prev. Close Volume Bid Ask Time
1860.14 0 2022-07-06 05:58:20
52wk High2161.7352wk High Date2018-06-07
52wk Low1604.9352wk Low Date2018-11-28
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