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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

S&P GSCI Inverse All Crude ER (CME:SG1ICRP)

Crossroads (+60) - SG1ICRP 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 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.

CME_SG1ICRP
Open High Low SG1ICRP Price Change
11.932 12.035 11.901 11.906 -0.036
Entry Signal

MarketClub’s Trade Triangles for SG1ICRP

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 12.102

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 11.568

short term up The short-term trend has been UP since May 21st, 2024 at 11.852

Smart Scan Analysis for SG1ICRP

Based on our trend formula, SG1ICRP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SG1ICRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.932 12.035 11.901 11.906 -0.036
Prev. Close Volume Bid Ask Time
11.942 0 2024-05-22 06:37:46
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