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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.

CME_SG1MENIT
Open High Low SG1MENIT Price Change
10.7491 10.7515 10.5311 10.7491 +0.2135
Entry Signal

MarketClub’s Trade Triangles for SG1MENIT

long term down The long term trend has been DOWN since Sep 16th, 2019 at 10.4759

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2019 at 10.9328

short term down 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).

-90
Smart Scan Analysis for SG1MENIT
Strong Downtrend Sideways 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 High12.170752wk High Date2017-12-07
52wk Low8.752452wk Low Date2018-10-03
Want to analyze S&P GSCI Inverse Energy 1 Month Forward Capped Commodity TR SG1MENIT or another symbol? Try our Free Index Trend Analysis Report.