Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

S&P GSCI Cotton ER (CME:SPGSCTP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

CME_SPGSCTP
Open High Low SPGSCTP Price Change
38.540 38.540 38.087 38.266 -0.123
Entry Signal

MarketClub’s Trade Triangles for SPGSCTP

long term up The long term trend has been UP since Dec 19th, 2019 at 38.266

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 39.002

short term down The short term trend has been DOWN since Feb 14th, 2020 at 38.332

Smart Scan Analysis for SPGSCTP

Based on a pre-defined weighted trend formula for chart analysis, SPGSCTP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPGSCTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.540 38.540 38.087 38.266 -0.123
Prev. Close Volume Bid Ask Time
40.238 0 2020-02-14 15:27:37
52wk High56.8396152wk High Date2018-05-30
52wk Low42.9305852wk Low Date2017-12-07
Get a free daily report for S&P GSCI Cotton ER (SPGSCTP) - Free Trend Analysis Report.