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Index Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

S&P GSCI Inverse Industrial Metals 1 Month Forward Capped Commodity TR (CME:SG1MINIT)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_SG1MINIT
Open High Low SG1MINIT Price Change
33.245 33.489 33.226 33.245 -0.156
Entry Signal

MarketClub’s Trade Triangles for SG1MINIT

long term down The long term trend has been DOWN since Sep 4th, 2019 at 33.3957

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2019 at 32.8510

short term up The short term trend has been UP since Oct 16th, 2019 at 33.3910

Smart Scan Analysis for SG1MINIT

Based on a pre-defined weighted trend formula for chart analysis, SG1MINIT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SG1MINIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.245 33.489 33.226 33.245 -0.156
Prev. Close Volume Bid Ask Time
33.600 0 2019-10-18 07:24:58
52wk High35.7886000052wk High Date2018-11-27
52wk Low27.4318000052wk Low Date2018-04-19
Want to analyze S&P GSCI Inverse Industrial Metals 1 Month Forward Capped Commodity TR SG1MINIT or another symbol? Try our Free Index Trend Analysis Report.