Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
SGI DOUBLE SHORT 10Y JGB INDEX (CME:SGIXDSJB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SGIXDSJB
The long term trend has been DOWN since Aug 24th, 2017 at 86.156
The intermediate term trend has been DOWN since May 23rd, 2018 at 85.610
The short term trend has been UP since Jul 9th, 2018 at 85.313
Smart Scan Analysis for SGIXDSJB
Based on a pre-defined weighted trend formula for chart analysis, SGIXDSJB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||87.203||52wk High Date||2017-07-20|
|52wk Low||85.246||52wk Low Date||2018-07-06|