Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_SPGTTFT
Open High Low SPGTTFT Price Change
2616.95 2635.88 2608.26 2635.56 +21.97
Entry Signal

MarketClub’s Trade Triangles for SPGTTFT

long term up The long term trend has been UP since Oct 18th, 2019 at 2501.31

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 2717.57

short term down The short term trend has been DOWN since Jan 21st, 2020 at 2713.13

Smart Scan Analysis for SPGTTFT

Based on a pre-defined weighted trend formula for chart analysis, SPGTTFT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPGTTFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2616.95 2635.88 2608.26 2635.56 +21.97
Prev. Close Volume Bid Ask Time
2722.15 0 2020-01-28 14:02:25
52wk High3295.7152wk High Date2018-06-07
52wk Low2464.9652wk Low Date2018-11-28
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