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Index Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

S&P Strategic Commodity Futures Index (CME:SPSCFI)

Weak Downtrend (-65) - SPSCFI is showing signs of a strengthening downtrend. Monitor SPSCFI as it may be building momentum to the downside.

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

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

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

CME_SPSCFI
Open High Low SPSCFI Price Change
210.87 211.03 209.50 210.06 -1.11
Entry Signal

MarketClub’s Trade Triangles for SPSCFI

long term up The long-term trend has been UP since Mar 9th, 2020 at 218.42

intermediate term down The intermediate-term trend has been DOWN since Jul 30th, 2020 at 212.80

short term down The short-term trend has been DOWN since Aug 7th, 2020 at 213.03

Smart Scan Analysis for SPSCFI

Based on our trend formula, SPSCFI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPSCFI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
210.87 211.03 209.50 210.06 -1.11
Prev. Close Volume Bid Ask Time
212.53 0 2020-08-11 19:43:17
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