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Index Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

The Brent Crude Oil Benchmark Index (CME:SGICBRB)

Bull Market Weakness (+75) - SGICBRB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGICBRB as it may be in the beginning stages of a reversal.

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

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

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

CME_SGICBRB
Open High Low SGICBRB Price Change
4905.06 4907.05 4828.16 4859.98 -82.87
Entry Signal

MarketClub’s Trade Triangles for SGICBRB

long term up The long-term trend has been UP since Nov 25th, 2020 at 3016.17

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 4712.27

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 4871.92

Smart Scan Analysis for SGICBRB

Based on our trend formula, SGICBRB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SGICBRB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4905.06 4907.05 4828.16 4859.98 -82.87
Prev. Close Volume Bid Ask Time
4942.85 0 2021-09-20 13:16:18
52wk High5999.66552wk High Date2018-10-03
52wk Low4007.39452wk Low Date2018-11-29
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