Index Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
S&P GSCI CORN INDEX TOTAL RETURN (CME:SPGSCNTR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPGSCNTR
The long term trend has been UP since Dec 18th, 2018 at 71.61573
The intermediate term trend has been DOWN since Dec 26th, 2018 at 69.04000
The short term trend has been UP since Feb 21st, 2019 at 69.56000
Smart Scan Analysis for SPGSCNTR
Based on a pre-defined weighted trend formula for chart analysis, SPGSCNTR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||82.12773||52wk High Date||2018-05-24|
|52wk Low||64.60601||52wk Low Date||2018-09-18|