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Index Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

S&P GSCI Inverse All Crude TR (CME:SG1ICRTR)

Long-Term Downtrend (-90) - SG1ICRTR is in a strong downtrend that is likely to continue. While SG1ICRTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SG1ICRTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SG1ICRTR.

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

CME_SG1ICRTR
Open High Low SG1ICRTR Price Change
85.578 86.846 84.840 86.687 +1.898
Entry Signal

MarketClub’s Trade Triangles for SG1ICRTR

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 86.824

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2020 at 124.070

short term down The short-term trend has been DOWN since Aug 4th, 2020 at 86.541

Smart Scan Analysis for SG1ICRTR

Based on our trend formula, SG1ICRTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SG1ICRTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.578 86.846 84.840 86.687 +1.898
Prev. Close Volume Bid Ask Time
102.024 0 2020-08-07 14:29:56
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