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Index Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

S&P GSCI Coffee TR (CME:SPGSKCTR)

Countertrend Up (+85) - SPGSKCTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPGSKCTR
Open High Low SPGSKCTR Price Change
82.252 82.422 79.845 81.569 -0.671
Entry Signal

MarketClub’s Trade Triangles for SPGSKCTR

long term up The long-term trend has been UP since Oct 20th, 2023 at 51.818

intermediate term up The intermediate-term trend has been UP since May 28th, 2024 at 75.189

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 82.355

Smart Scan Analysis for SPGSKCTR

Based on our trend formula, SPGSKCTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPGSKCTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.252 82.422 79.845 81.569 -0.671
Prev. Close Volume Bid Ask Time
81.330 0 2024-07-19 12:56:00
52wk High53.475552wk High Date2017-11-30
52wk Low35.765752wk Low Date2018-09-18
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