Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
S&P GSCI Brent Crude Enhanced TR (CME:SGESBRTR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SGESBRTR
The long term trend has been DOWN since Jun 2nd, 2019 at 888.447
The intermediate term trend has been DOWN since May 23rd, 2019 at 976.087
The short term trend has been UP since Jun 14th, 2019 at 897.991
Smart Scan Analysis for SGESBRTR
Based on a pre-defined weighted trend formula for chart analysis, SGESBRTR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1208.623||52wk High Date||2018-10-03|
|52wk Low||807.197||52wk Low Date||2017-12-07|