Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
S&P GSCI CORN INDEX SPOT (CME:SPGSCN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for SPGSCN
The long term trend has been DOWN since Dec 18th, 2018 at 282.7657
The intermediate term trend has been DOWN since Dec 18th, 2018 at 303.1992
The short term trend has been DOWN since Jan 15th, 2019 at 310.6295
Smart Scan Analysis for SPGSCN
Based on a pre-defined weighted trend formula for chart analysis, SPGSCN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||340.3509||52wk High Date||2018-05-24|
|52wk Low||278.4314||52wk Low Date||2018-07-12|