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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
SGI US Momentum Index (CME:SGEPMBU)
Bull Market Weakness (+75) - SGEPMBU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGEPMBU as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SGEPMBU
The long-term trend has been UP since Aug 19th, 2024 at 8099.19
The intermediate-term trend has been UP since Sep 19th, 2024 at 8281.83
The short-term trend has been UP since Oct 25th, 2024 at 8546.48
Smart Scan Analysis for SGEPMBU
Based on our trend formula, SGEPMBU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8505.77 | 8551.70 | 8419.36 | 8423.88 | -81.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8423.88 | 0 | 2024-10-25 16:20:00 |