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Index Trend Analysis Report

Prepared for you on Sunday, October 6, 2024.

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

Crossroads (+60) - SGESBRTR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1560.23 1592.58 1557.08 1568.99 +8.64
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 up The intermediate-term trend has been UP since Oct 1st, 2024 at 1510.46

short term up The short-term trend has been UP since Oct 2nd, 2024 at 1517.84

Smart Scan Analysis for SGESBRTR

Based on our trend formula, SGESBRTR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SGESBRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1560.23 1592.58 1557.08 1568.99 +8.64
Prev. Close Volume Bid Ask Time
1568.95 0 2024-10-04 14:54:41
52wk High1208.62352wk High Date2018-10-03
52wk Low807.19752wk Low Date2017-12-07
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