Index Trend Analysis Report
Prepared for you on Saturday, June 23, 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 negative trend to resume. Downtrend 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 DOWN since Jun 7th, 2018 at 74.93635
The intermediate term trend has been DOWN since May 30th, 2018 at 78.50063
The short term trend has been UP since Jun 21st, 2018 at 71.52876
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||67.97442||52wk Low Date||2018-06-19|