Index Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
S&P GSCI Corn Dynamic Roll ER (CME:SPDYCNP)
Long-Term Downtrend (-90) - SPDYCNP is in a strong downtrend that is likely to continue. While SPDYCNP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPDYCNP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPDYCNP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPDYCNP
The long-term trend has been DOWN since Jul 5th, 2023 at 142.86
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 125.37
The short-term trend has been DOWN since Apr 30th, 2024 at 126.79
Smart Scan Analysis for SPDYCNP
Based on our trend formula, SPDYCNP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
126.79 | 127.45 | 125.94 | 127.12 | +0.33 |
Prev. Close | Volume | Bid | Ask | Time |
126.79 | 0 | 2024-05-01 14:29:38 |