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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

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

Bear Market Rally (-75) - SPGTTFE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGTTFE as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPGTTFE?

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

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

CME_SPGTTFE
Open High Low SPGTTFE Price Change
2163.63 2191.67 2160.31 2191.26 +27.92
Entry Signal

MarketClub’s Trade Triangles for SPGTTFE

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 2290.96

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 2381.09

short term up The short-term trend has been UP since Jul 4th, 2022 at 2188.32

Smart Scan Analysis for SPGTTFE

Based on our trend formula, SPGTTFE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPGTTFE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2163.63 2191.67 2160.31 2191.26 +27.92
Prev. Close Volume Bid Ask Time
2163.34 0 2022-07-06 06:58:25
52wk High2183.0352wk High Date2018-06-07
52wk Low1697.1752wk Low Date2018-11-28
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