Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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

Crossroads (+60) - SPGTTFTE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGTTFTE
Open High Low SPGTTFTE Price Change
2421.01 2428.17 2382.48 2394.97 -30.48
Entry Signal

MarketClub’s Trade Triangles for SPGTTFTE

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 2750.96

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 2167.83

short term up The short-term trend has been UP since May 19th, 2020 at 2306.98

Smart Scan Analysis for SPGTTFTE

Based on our trend formula, SPGTTFTE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGTTFTE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2421.01 2428.17 2382.48 2394.97 -30.48
Prev. Close Volume Bid Ask Time
2116.62 0 2020-05-29 16:34:55
52wk High3328.3452wk High Date2018-06-07
52wk Low2606.452wk Low Date2018-11-28
Get a free daily analysis and signals for S&P Global Timber and Forestry Index (EURO) (TR) (SPGTTFTE) - Request Your Free Report.