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Index Trend Analysis Report

Prepared for you on Friday, May 17, 2024.

S&P GSCI Coffee TR (CME:SPGSKCTR)

Crossroads (-60) - SPGSKCTR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSKCTR
Open High Low SPGSKCTR Price Change
67.588 67.910 66.757 66.825 -0.753
Entry Signal

MarketClub’s Trade Triangles for SPGSKCTR

long term up The long-term trend has been UP since Oct 20th, 2023 at 51.818

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2024 at 69.954

short term down The short-term trend has been DOWN since May 14th, 2024 at 66.135

Smart Scan Analysis for SPGSKCTR

Based on our trend formula, SPGSKCTR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPGSKCTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.588 67.910 66.757 66.825 -0.753
Prev. Close Volume Bid Ask Time
67.079 0 2024-05-16 12:59:00
52wk High53.475552wk High Date2017-11-30
52wk Low35.765752wk Low Date2018-09-18
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