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Index Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

S&P GSCI Energy 3 Month Forward Capped Commodity TR (CME:SG3MENCT)

Strong Downtrend (-100) - SG3MENCT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SG3MENCT continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SG3MENCT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SG3MENCT.

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

CME_SG3MENCT
Open High Low SG3MENCT Price Change
875.09 884.41 869.42 869.86 -5.67
Entry Signal

MarketClub’s Trade Triangles for SG3MENCT

long term down The long-term trend has been DOWN since Sep 19th, 2022 at 989.00

intermediate term down The intermediate-term trend has been DOWN since May 31st, 2023 at 848.27

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 862.23

Smart Scan Analysis for SG3MENCT

Based on our trend formula, SG3MENCT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SG3MENCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
875.09 884.41 869.42 869.86 -5.67
Prev. Close Volume Bid Ask Time
869.86 0 2023-06-09 15:52:47
52wk High717.60652wk High Date2018-10-03
52wk Low518.47852wk Low Date2017-12-14
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