Index Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
SGI COMMODITIES CURVE MOMENTUM BETA+ TRUST (CME:SGICCLMT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 SGICCLMT
The long term trend has been DOWN since Apr 21st, 2017 at 80.7941
The intermediate term trend has been DOWN since Aug 17th, 2017 at 79.9304
The short term trend has been UP since Aug 18th, 2017 at 80.6121
Smart Scan Analysis for SGICCLMT
Based on a pre-defined weighted trend formula for chart analysis, SGICCLMT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||84.6155||52wk High Date||2017-02-13|
|52wk Low||77.2332||52wk Low Date||2017-06-22|