Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
S&P Strategic Commodity Futures Index (CME:SPSCFI)
Strong Uptrend (+100) - SPSCFI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPSCFI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SPSCFI
The long-term trend has been UP since Mar 9th, 2020 at 218.42
The intermediate-term trend has been UP since May 3rd, 2021 at 242.64
The short-term trend has been UP since Apr 29th, 2021 at 239.32
Smart Scan Analysis for SPSCFI
Based on our trend formula, SPSCFI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).