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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Long-Term Uptrend (+90) - SPGTTFT is in a strong uptrend that is likely to continue. While SPGTTFT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SPGTTFT
Open High Low SPGTTFT Price Change
3803.21 3803.73 3801.75 3802.33 -2.40
Entry Signal

MarketClub’s Trade Triangles for SPGTTFT

long term up The long-term trend has been UP since Nov 14th, 2023 at 3413.92

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 3489.85

short term up The short-term trend has been UP since Mar 20th, 2024 at 3678.77

Smart Scan Analysis for SPGTTFT

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

+90
Smart Scan Analysis for SPGTTFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3803.21 3803.73 3801.75 3802.33 -2.40
Prev. Close Volume Bid Ask Time
3804.73 0 2024-03-29 03:47:00
52wk High3295.7152wk High Date2018-06-07
52wk Low2464.9652wk Low Date2018-11-28
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