Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
S&P GSCI Brent Crude Enhanced TR (CME:SGESBRTR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jul 18th, 2019 at 908.620
The short term trend has been DOWN since Aug 23rd, 2019 at 883.481
Smart Scan Analysis for SGESBRTR
Based on a pre-defined weighted trend formula for chart analysis, SGESBRTR scored -90 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|