Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P GSCI Cocoa ER (CME:SPGSCCP)

Long-Term Uptrend (+90) - SPGSCCP is in a strong uptrend that is likely to continue. While SPGSCCP 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 SPGSCCP?

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

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

CME_SPGSCCP
Open High Low SPGSCCP Price Change
32.3824 32.9449 31.8560 31.9448 -0.4376
Entry Signal

MarketClub’s Trade Triangles for SPGSCCP

long term up The long-term trend has been UP since Nov 7th, 2022 at 7.7494

intermediate term up The intermediate-term trend has been UP since Jan 12th, 2024 at 13.6114

short term up The short-term trend has been UP since Mar 11th, 2024 at 21.9041

Smart Scan Analysis for SPGSCCP

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

+90
Smart Scan Analysis for SPGSCCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.3824 32.9449 31.8560 31.9448 -0.4376
Prev. Close Volume Bid Ask Time
32.3824 0 2024-03-28 11:13:00
52wk High10.5350552wk High Date2018-04-26
52wk Low6.6753752wk Low Date2017-12-22
Get a free daily analysis and signals for S&P GSCI Cocoa ER (SPGSCCP) - Request Your Free Report.