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Index Trend Analysis Report

Prepared for you on Monday, September 16, 2024.

S&P GSCI Brent Crude Enhanced TR (CME:SGESBRTR)

Bear Market Rally (-75) - SGESBRTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGESBRTR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SGESBRTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGESBRTR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SGESBRTR
Open High Low SGESBRTR Price Change
1426.93 1460.27 1424.52 1449.02 +20.08
Entry Signal

MarketClub’s Trade Triangles for SGESBRTR

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 1509.41

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 1494.68

short term up The short-term trend has been UP since Sep 12th, 2024 at 1440.81

Smart Scan Analysis for SGESBRTR

Based on our trend formula, SGESBRTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SGESBRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1426.93 1460.27 1424.52 1449.02 +20.08
Prev. Close Volume Bid Ask Time
1428.94 0 2024-09-16 14:54:56
52wk High1208.62352wk High Date2018-10-03
52wk Low807.19752wk Low Date2017-12-07
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