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Index Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

S&P GSCI Coffee ER (CME:SPGSKCP)

Sidelines Mode (-55) - SPGSKCP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPGSKCP
Open High Low SPGSKCP Price Change
6.8870 6.8870 6.5590 6.6777 -0.2093
Entry Signal

MarketClub’s Trade Triangles for SPGSKCP

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 6.3876

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 7.0219

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 6.6153

Smart Scan Analysis for SPGSKCP

Based on our trend formula, SPGSKCP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPGSKCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.8870 6.8870 6.5590 6.6777 -0.2093
Prev. Close Volume Bid Ask Time
7.5829 0 2020-02-24 20:26:16
52wk High11.0079952wk High Date2017-11-30
52wk Low7.2582452wk Low Date2018-09-18
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