Index Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
S&P GSCI Inverse All Crude ER (CME:SG1ICRP)
Sidelines Mode (-55) - SG1ICRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for SG1ICRP
The long-term trend has been DOWN since Jan 6th, 2022 at 20.694
The intermediate-term trend has been UP since Jun 22nd, 2022 at 12.537
The short-term trend has been DOWN since Jun 27th, 2022 at 12.340
Smart Scan Analysis for SG1ICRP
Based on our trend formula, SG1ICRP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).