Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
SGI SMART WTI SHORT INVEST INDEX (CME:SGIXWTIS)
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 SGIXWTIS
The long term trend has been DOWN since Sep 18th, 2017 at 1429.20
The intermediate term trend has been UP since Feb 7th, 2018 at 1151.57
The short term trend has been DOWN since Feb 14th, 2018 at 1202.72
Smart Scan Analysis for SGIXWTIS
Based on a pre-defined weighted trend formula for chart analysis, SGIXWTIS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1716.1||52wk High Date||2017-06-21|
|52wk Low||852.28||52wk Low Date||2017-11-14|