Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

S&P GLOBAL TIMBER & FORESTRY INDEX USD (CME:SPGTTF)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPGTTF
Open High Low SPGTTF Price Change
1685.10 1688.66 1670.88 1685.10 +14.20
Entry Signal

MarketClub’s Trade Triangles for SPGTTF

long term down The long term trend has been DOWN since Dec 20th, 2018 at 1497.67

intermediate term up The intermediate term trend has been UP since Jan 16th, 2019 at 1613.24

short term up The short term trend has been UP since Feb 19th, 2019 at 1669.96

Smart Scan Analysis for SPGTTF

Based on a pre-defined weighted trend formula for chart analysis, SPGTTF scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for SPGTTF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1685.10 1688.66 1670.88 1685.10 +14.20
Prev. Close Volume Bid Ask Time
1667.06 0 2019-02-22 16:19:55
52wk High2161.7352wk High Date2018-06-07
52wk Low1604.9352wk Low Date2018-11-28
Want to analyze S&P GLOBAL TIMBER & FORESTRY INDEX USD SPGTTF or another symbol? Try our Free Index Trend Analysis Report.