Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
S&P GSCI CORN INDEX TOTAL RETURN (CME:SPGSCNTR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPGSCNTR
The long term trend has been UP since Feb 7th, 2018 at 75.26896
The intermediate term trend has been UP since Jan 21st, 2018 at 73.24230
The short term trend has been DOWN since Feb 22nd, 2018 at 75.63909
Smart Scan Analysis for SPGSCNTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSCNTR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||89.56571||52wk High Date||2017-07-11|
|52wk Low||71.35821||52wk Low Date||2018-01-12|