Index Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
S&P GSCI CORN INDEX SPOT (CME:SPGSCN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Jun 15th, 2018 at 304.8504
The intermediate term trend has been DOWN since May 30th, 2018 at 325.4902
The short term trend has been UP since Jul 17th, 2018 at 285.4489
Smart Scan Analysis for SPGSCN
Based on a pre-defined weighted trend formula for chart analysis, SPGSCN scored -55 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|