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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

SGI US Momentum Index (CME:SGEPMBU)

Long-Term Downtrend (-90) - SGEPMBU is in a strong downtrend that is likely to continue. While SGEPMBU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
5654.99 5654.99 5454.41 5557.12 -98.12
Entry Signal

MarketClub’s Trade Triangles for SGEPMBU

long term down The long-term trend has been DOWN since May 20th, 2022 at 5729.65

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 6286.33

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 5585.06

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
5654.99 5654.99 5454.41 5557.12 -98.12
Prev. Close Volume Bid Ask Time
5557.12 0 2022-07-05 16:20:00
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