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Index Trend Analysis Report

Prepared for you on Sunday, June 23, 2024.

S&P GSCI Cocoa (CME:SPGSCC)

Sidelines Mode (+55) - SPGSCC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSCC
Open High Low SPGSCC Price Change
355.656 369.992 334.957 337.431 -18.225
Entry Signal

MarketClub’s Trade Triangles for SPGSCC

long term up The long-term trend has been UP since Nov 7th, 2022 at 96.976

intermediate term up The intermediate-term trend has been UP since May 29th, 2024 at 356.560

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 360.126

Smart Scan Analysis for SPGSCC

Based on our trend formula, SPGSCC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPGSCC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
355.656 369.992 334.957 337.431 -18.225
Prev. Close Volume Bid Ask Time
349.765 0 2024-06-21 12:45:00
52wk High115.475352wk High Date2018-04-26
52wk Low70.974152wk Low Date2017-12-22
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