Index Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
S&P GSCI Cocoa TR (CME:SPGSCCTR)
Strong Downtrend (-100) - SPGSCCTR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPGSCCTR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSCCTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSCCTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGSCCTR
The long-term trend has been DOWN since Apr 25th, 2022 at 29.308
The intermediate-term trend has been DOWN since Sep 14th, 2022 at 26.414
The short-term trend has been DOWN since Sep 22nd, 2022 at 26.717
Smart Scan Analysis for SPGSCCTR
Based on our trend formula, SPGSCCTR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||36.52287||52wk High Date||2018-04-26|
|52wk Low||23.03074||52wk Low Date||2017-12-22|