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Index Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

The Brent x5 Leveraged Index (CME:SGIXBR5L)

Long-Term Downtrend (-90) - SGIXBR5L is in a strong downtrend that is likely to continue. While SGIXBR5L 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 SGIXBR5L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXBR5L.

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

CME_SGIXBR5L
Open High Low SGIXBR5L Price Change
0.1091 0.1091 0.0777 0.0887 -0.0204
Entry Signal

MarketClub’s Trade Triangles for SGIXBR5L

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 0.0980

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2020 at 0.1970

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 0.1021

Smart Scan Analysis for SGIXBR5L

Based on our trend formula, SGIXBR5L is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SGIXBR5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1091 0.1091 0.0777 0.0887 -0.0204
Prev. Close Volume Bid Ask Time
0.2021 0 2020-02-24 17:33:43
52wk High2.314352wk High Date2018-10-03
52wk Low0.232552wk Low Date2018-11-29
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