Index Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
IPATH BLOOMBERG SUGAR SUBINDEX TOTAL REALTY (PACF:SGG.IV)
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 SGG.IV
The long term trend has been DOWN since Dec 1st, 2016 at 43.1782
The intermediate term trend has been UP since Oct 27th, 2017 at 29.5113
The short term trend has been UP since Nov 7th, 2017 at 29.8214
Smart Scan Analysis for SGG.IV
Based on a pre-defined weighted trend formula for chart analysis, SGG.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||47.9326||52wk High Date||2017-02-06|
|52wk Low||26.422||52wk Low Date||2017-06-28|