Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

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

Countertrend Down (-85) - SG1ICRP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
21.479 21.479 21.043 21.055 -0.241
Entry Signal

MarketClub’s Trade Triangles for SG1ICRP

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 45.542

intermediate term down The intermediate-term trend has been DOWN since Aug 30th, 2021 at 25.795

short term up The short-term trend has been UP since Oct 21st, 2021 at 21.684

Smart Scan Analysis for SG1ICRP

Based on our trend formula, SG1ICRP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SG1ICRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.479 21.479 21.043 21.055 -0.241
Prev. Close Volume Bid Ask Time
21.296 0 2021-10-22 15:36:25
Get a free daily analysis and signals for S&P GSCI Inverse All Crude ER (SG1ICRP) - Request Your Free Report.