Index Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
BRENT X5 LEVERAGED INDEX USD TOTAL RETURN (CME:SGIXBR5S)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 SGIXBR5S
The long term trend has been DOWN since Feb 15th, 2019 at 34.6736
The intermediate term trend has been DOWN since Jan 4th, 2019 at 69.0100
The short term trend has been DOWN since Feb 12th, 2019 at 42.6400
Smart Scan Analysis for SGIXBR5S
Based on a pre-defined weighted trend formula for chart analysis, SGIXBR5S scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||252.9||52wk High Date||2017-12-07|
|52wk Low||18.4453||52wk Low Date||2018-10-03|