Index Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
S&P GSCI Inverse Energy 1 Month Forward Capped Commodity TR (CME:SG1MENIT)
Countertrend Down (-85) - SG1MENIT 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 SG1MENIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MENIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SG1MENIT
The long-term trend has been DOWN since Mar 14th, 2024 at 4.1195
The intermediate-term trend has been DOWN since Jan 12th, 2024 at 4.2884
The short-term trend has been UP since Mar 26th, 2024 at 4.1087
Smart Scan Analysis for SG1MENIT
Based on our trend formula, SG1MENIT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.1109 | 4.1200 | 4.0502 | 4.0567 | -0.0417 |
Prev. Close | Volume | Bid | Ask | Time |
4.0984 | 0 | 2024-03-28 15:09:58 |
52wk High | 12.1707 | 52wk High Date | 2017-12-07 |
52wk Low | 8.7524 | 52wk Low Date | 2018-10-03 |