Index Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
SGI Daily Leveraged BTP (CME:SGIXDLBT)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 SGIXDLBT
The long term trend has been UP since Dec 13th, 2018 at 282.4849
The intermediate term trend has been UP since Aug 15th, 2019 at 376.1200
The short term trend has been UP since Sep 12th, 2019 at 401.2420
Smart Scan Analysis for SGIXDLBT
Based on a pre-defined weighted trend formula for chart analysis, SGIXDLBT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||321.9513||52wk High Date||2018-05-04|
|52wk Low||236.8542||52wk Low Date||2018-05-29|