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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.

CME_SPGSCNP
Open High Low SPGSCNP Price Change
5.0656 5.0733 4.9777 5.0121 -0.0459
Entry Signal

MarketClub’s Trade Triangles for SPGSCNP

long term down The long-term trend has been DOWN since Sep 3rd, 2019 at 5.7915

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2020 at 5.8215

short term down 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).

-90
Smart Scan Analysis for SPGSCNP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0656 5.0733 4.9777 5.0121 -0.0459
Prev. Close Volume Bid Ask Time
5.2300 0 2020-04-06 14:29:45
52wk High7.7918652wk High Date2018-05-24
52wk Low6.0899952wk Low Date2018-09-18
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