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Index Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

SGI Global Generics Index (EURO) (Net TR) (CME:SGIXGG)

Weak Downtrend (-65) - SGIXGG is showing signs of a strengthening downtrend. Monitor SGIXGG as it may be building momentum to the downside.

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

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

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

CME_SGIXGG
Open High Low SGIXGG Price Change
204.04 205.86 203.58 204.77 +0.61
Entry Signal

MarketClub’s Trade Triangles for SGIXGG

long term down The long-term trend has been DOWN since Sep 23rd, 2020 at 204.65

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 213.18

short term down The short-term trend has been DOWN since Oct 14th, 2020 at 211.16

Smart Scan Analysis for SGIXGG

Based on our trend formula, SGIXGG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SGIXGG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
204.04 205.86 203.58 204.77 +0.61
Prev. Close Volume Bid Ask Time
210.90 0 2020-10-21 12:29:00
52wk High284.5852wk High Date2018-01-12
52wk Low222.2452wk Low Date2017-12-07
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