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Index Trend Analysis Report
Prepared for you on Tuesday, February 25, 2020.
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 Sep 3rd, 2019 at 113.17
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 112.72
The short-term trend has been DOWN since Jan 24th, 2020 at 112.86
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 |
|---|---|---|---|---|
| 108.17 | 108.24 | 107.17 | 107.88 | -0.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 114.08 | 0 | 2020-02-24 20:26:18 |