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Index Trend Analysis Report

Prepared for you on Thursday, May 19, 2022.

SGI US Profitability Index (CME:SGEPPBU)

Countertrend Down (-85) - SGEPPBU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_SGEPPBU
Open High Low SGEPPBU Price Change
6271.93 6272.03 5965.47 5983.14 -288.86
Entry Signal

MarketClub’s Trade Triangles for SGEPPBU

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 6501.68

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2022 at 6574.33

short term up The short-term trend has been UP since May 13th, 2022 at 6166.20

Smart Scan Analysis for SGEPPBU

Based on our trend formula, SGEPPBU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SGEPPBU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6271.93 6272.03 5965.47 5983.14 -288.86
Prev. Close Volume Bid Ask Time
5983.14 0 2022-05-18 16:20:00
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