Index Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
S&P GSCI CORN INDEX EXCESS RETURN (CME:SPGSCNP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for SPGSCNP
The long term trend has been DOWN since Jun 7th, 2018 at 7.131669
The intermediate term trend has been UP since Dec 2nd, 2018 at 6.608366
The short term trend has been UP since Nov 28th, 2018 at 6.417128
Smart Scan Analysis for SPGSCNP
Based on a pre-defined weighted trend formula for chart analysis, SPGSCNP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7.79186||52wk High Date||2018-05-24|
|52wk Low||6.08999||52wk Low Date||2018-09-18|