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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P GSCI Inverse Industrial Metals 1 Month Forward Capped Commodity TR (CME:SG1MINIT)

Crossroads (+60) - SG1MINIT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SG1MINIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MINIT.

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

CME_SG1MINIT
Open High Low SG1MINIT Price Change
25.853 26.036 25.745 25.778 -0.065
Entry Signal

MarketClub’s Trade Triangles for SG1MINIT

long term down The long-term trend has been DOWN since Mar 15th, 2024 at 24.817

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 26.102

short term up The short-term trend has been UP since Mar 19th, 2024 at 25.179

Smart Scan Analysis for SG1MINIT

Based on our trend formula, SG1MINIT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SG1MINIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.853 26.036 25.745 25.778 -0.065
Prev. Close Volume Bid Ask Time
25.843 0 2024-03-28 13:14:43
52wk High35.788652wk High Date2018-11-27
52wk Low27.431852wk Low Date2018-04-19
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