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Index Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

SGI US Momentum Index (CME:SGEPMBU)

Long-Term Uptrend (+90) - SGEPMBU is in a strong uptrend that is likely to continue. While SGEPMBU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CME_SGEPMBU
Open High Low SGEPMBU Price Change
7904.61 7983.33 7904.61 7946.30 +41.60
Entry Signal

MarketClub’s Trade Triangles for SGEPMBU

long term up The long-term trend has been UP since Dec 1st, 2023 at 6713.94

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2024 at 7821.47

short term up The short-term trend has been UP since Jul 9th, 2024 at 7798.51

Smart Scan Analysis for SGEPMBU

Based on our trend formula, SGEPMBU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SGEPMBU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7904.61 7983.33 7904.61 7946.30 +41.60
Prev. Close Volume Bid Ask Time
7946.30 0 2024-07-12 16:19:00
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