Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P GSCI Corn ER (CME:SPGSCNP)
Long-Term Downtrend (-90) - SPGSCNP is in a strong downtrend that is likely to continue. While SPGSCNP 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 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.
MarketClub’s Trade Triangles for SPGSCNP
The long-term trend has been DOWN since Sep 3rd, 2019 at 5.7915
The intermediate-term trend has been DOWN since Feb 21st, 2020 at 5.8215
The short-term trend has been DOWN since Mar 6th, 2020 at 5.7652
Smart Scan Analysis for SPGSCNP
Based on our trend formula, SPGSCNP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.79186||52wk High Date||2018-05-24|
|52wk Low||6.08999||52wk Low Date||2018-09-18|