Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, August 5, 2021.

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

Countertrend Down (-85) - SG1MINIT 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 SG1MINIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SG1MINIT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SG1MINIT
Open High Low SG1MINIT Price Change
23.895 23.955 23.726 23.763 -0.136
Entry Signal

MarketClub’s Trade Triangles for SG1MINIT

long term down The long-term trend has been DOWN since Jun 30th, 2020 at 36.632

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2021 at 24.124

short term up The short-term trend has been UP since Aug 3rd, 2021 at 23.628

Smart Scan Analysis for SG1MINIT

Based on our trend formula, SG1MINIT is rated as a -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
23.895 23.955 23.726 23.763 -0.136
Prev. Close Volume Bid Ask Time
23.899 0 2021-08-05 10:54:23
52wk High35.788652wk High Date2018-11-27
52wk Low27.431852wk Low Date2018-04-19
Get a free daily analysis and signals for S&P GSCI Inverse Industrial Metals 1 Month Forward Capped Commodity TR (SG1MINIT) - Request Your Free Report.