Index Trend Analysis Report
Prepared for you on Monday, May 22, 2017.
SGI ORBEO CARBON CREDIT INDEX TRUST (CME:SGIXOCTU-VAUSD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SGIXOCTU-VAUSD
The long term trend has been DOWN since Nov 29th, 2016 at 10.35
The intermediate term trend has been UP since May 17th, 2017 at 10.76
The short term trend has been UP since May 16th, 2017 at 10.49
Smart Scan Analysis for SGIXOCTU-VAUSD
Based on a pre-defined weighted trend formula for chart analysis, SGIXOCTU-VAUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.48||52wk High Date||2016-11-03|
|52wk Low||9.63||52wk Low Date||2016-12-05|