Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
S&P GSCI Cocoa ER (CME:SPGSCCP)
Strong Downtrend (-100) - SPGSCCP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSCCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSCCP
The long-term trend has been DOWN since Nov 5th, 2021 at 8.2269
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 8.7063
The short-term trend has been DOWN since Nov 24th, 2021 at 8.5779
Smart Scan Analysis for SPGSCCP
Based on our trend formula, SPGSCCP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.53505||52wk High Date||2018-04-26|
|52wk Low||6.67537||52wk Low Date||2017-12-22|