Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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

Bull Market Weakness (+75) - SPGTTF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPGTTF as it may be in the beginning stages of a reversal.

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
1380.58 1397.59 1371.41 1396.67 +21.31
Entry Signal

MarketClub’s Trade Triangles for SPGTTF

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 1608.12

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 1239.29

short term up The short-term trend has been UP since May 18th, 2020 at 1300.90

Smart Scan Analysis for SPGTTF

Based on our trend formula, SPGTTF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPGTTF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1380.58 1397.59 1371.41 1396.67 +21.31
Prev. Close Volume Bid Ask Time
1214.75 0 2020-06-01 12:27:25
52wk High2161.7352wk High Date2018-06-07
52wk Low1604.9352wk Low Date2018-11-28
Get a free daily analysis and signals for S&P Global Timber and Forestry Index (SPGTTF) - Request Your Free Report.