Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P GSCI 3 Month Forward Capped Sector Equal Weight Composite TR (CME:SG3MCET)
Sidelines Mode (+55) - SG3MCET is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SG3MCET?
MarketClub looks at technical strength and momentum to determine if the timing is right for SG3MCET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SG3MCET
The long-term trend has been DOWN since Jan 30th, 2020 at 341.83
The intermediate-term trend has been UP since May 18th, 2020 at 273.97
The short-term trend has been DOWN since May 22nd, 2020 at 278.36
Smart Scan Analysis for SG3MCET
Based on our trend formula, SG3MCET is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||396.5136||52wk High Date||2018-05-24|
|52wk Low||340.5494||52wk Low Date||2018-11-27|