Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
S&P GSCI INVERSE ENERGY 1 MTH FWD CAP TRUST (CME:SG1MENIT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for SG1MENIT
The long term trend has been DOWN since Sep 1st, 2017 at 13.3925
The intermediate term trend has been DOWN since Mar 21st, 2018 at 10.9498
The short term trend has been DOWN since Apr 18th, 2018 at 10.4185
Smart Scan Analysis for SG1MENIT
Based on a pre-defined weighted trend formula for chart analysis, SG1MENIT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.7459||52wk High Date||2017-06-21|
|52wk Low||10.1743||52wk Low Date||2018-04-23|