Analyze Symbol
Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P GSCI Inverse Energy 1 Month Forward Capped Commodity TR (CME:SG1MENIT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SG1MENIT
The long term trend has been DOWN since Sep 16th, 2019 at 10.4759
The intermediate term trend has been DOWN since Oct 23rd, 2019 at 10.9328
The short term trend has been DOWN since Nov 14th, 2019 at 10.6005
Smart Scan Analysis for SG1MENIT
Based on a pre-defined weighted trend formula for chart analysis, SG1MENIT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.7491 | 10.7515 | 10.5311 | 10.7491 | +0.2135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.0680 | 0 | 2019-11-18 11:25:58 |
| 52wk High | 12.1707 | 52wk High Date | 2017-12-07 |
| 52wk Low | 8.7524 | 52wk Low Date | 2018-10-03 |