Index Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
S&P GSCI Inverse Industrial Metals 1 Month Forward Capped Commodity TR (CME:SG1MINIT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 SG1MINIT
The long term trend has been UP since May 1st, 2019 at 34.6033
The intermediate term trend has been UP since Mar 22nd, 2019 at 33.2740
The short term trend has been DOWN since Jun 18th, 2019 at 36.0653
Smart Scan Analysis for SG1MINIT
Based on a pre-defined weighted trend formula for chart analysis, SG1MINIT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||35.7886||52wk High Date||2018-11-27|
|52wk Low||27.4318||52wk Low Date||2018-04-19|