Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
SGI SMART WTI SHORT INVEST INDEX (CME:SGIXWTIS)
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 SGIXWTIS
The long term trend has been DOWN since Sep 18th, 2017 at 1429.200
The intermediate term trend has been UP since Aug 10th, 2018 at 1035.006
The short term trend has been UP since Aug 15th, 2018 at 1030.435
Smart Scan Analysis for SGIXWTIS
Based on a pre-defined weighted trend formula for chart analysis, SGIXWTIS scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1577.81||52wk High Date||2017-08-31|
|52wk Low||852.28||52wk Low Date||2017-11-14|