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Index Trend Analysis Report

Prepared for you on Thursday, May 16, 2024.

S&P GSCI Coffee Dynamic Roll ER (CME:SPDYKCP)

Weak Downtrend (-65) - SPDYKCP is showing signs of a strengthening downtrend. Monitor SPDYKCP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPDYKCP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYKCP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPDYKCP
Open High Low SPDYKCP Price Change
23.574 23.680 23.284 23.308 -0.266
Entry Signal

MarketClub’s Trade Triangles for SPDYKCP

long term up The long-term trend has been UP since Oct 24th, 2023 at 18.865

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2024 at 24.536

short term down The short-term trend has been DOWN since May 14th, 2024 at 23.077

Smart Scan Analysis for SPDYKCP

Based on our trend formula, SPDYKCP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPDYKCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.574 23.680 23.284 23.308 -0.266
Prev. Close Volume Bid Ask Time
23.574 0 2024-05-16 12:59:58
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