Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P GSCI Inverse All Crude ER (CME:SG1ICRP)
Weak Downtrend (-65) - SG1ICRP is showing signs of a strengthening downtrend. Monitor SG1ICRP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SG1ICRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1ICRP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SG1ICRP
The long-term trend has been UP since Feb 3rd, 2020 at 44.575
The intermediate-term trend has been DOWN since May 15th, 2020 at 68.614
The short-term trend has been DOWN since May 14th, 2020 at 71.030
Smart Scan Analysis for SG1ICRP
Based on our trend formula, SG1ICRP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).