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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P GSCI Corn ER (CME:SPGSCNP)

Crossroads (+60) - SPGSCNP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSCNP
Open High Low SPGSCNP Price Change
7.7761 7.8062 7.6988 7.7074 -0.0687
Entry Signal

MarketClub’s Trade Triangles for SPGSCNP

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 9.2182

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 7.8046

short term up The short-term trend has been UP since Apr 22nd, 2024 at 7.6301

Smart Scan Analysis for SPGSCNP

Based on our trend formula, SPGSCNP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPGSCNP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.7761 7.8062 7.6988 7.7074 -0.0687
Prev. Close Volume Bid Ask Time
7.7761 0 2024-04-24 19:45:00
52wk High7.7918652wk High Date2018-05-24
52wk Low6.0899952wk Low Date2018-09-18
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