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Index Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

S&P GSCI Inverse Agriculture & Livestock 1 Month Forward Capped Component TR (CME:SG1MALIT)

Long-Term Downtrend (-90) - SG1MALIT is in a strong downtrend that is likely to continue. While SG1MALIT 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 SG1MALIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MALIT.

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

CME_SG1MALIT
Open High Low SG1MALIT Price Change
163.64 164.47 163.08 163.25 -0.36
Entry Signal

MarketClub’s Trade Triangles for SG1MALIT

long term down The long-term trend has been DOWN since May 22nd, 2024 at 163.90

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2024 at 164.13

short term down The short-term trend has been DOWN since May 20th, 2024 at 166.33

Smart Scan Analysis for SG1MALIT

Based on our trend formula, SG1MALIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SG1MALIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.64 164.47 163.08 163.25 -0.36
Prev. Close Volume Bid Ask Time
163.52 0 2024-05-24 14:30:03
52wk High207.009752wk High Date2018-07-11
52wk Low177.058252wk Low Date2018-03-06
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