Index Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
SGI ORBEO CARBON CREDIT INDEX TRUST (CME:SGIXOCTU-VAUSD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
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 SGIXOCTU-VAUSD
The long term trend has been UP since Dec 17th, 2018 at 43.96
The intermediate term trend has been DOWN since Jan 7th, 2019 at 37.16
The short term trend has been DOWN since Feb 8th, 2019 at 36.50
Smart Scan Analysis for SGIXOCTU-VAUSD
Based on a pre-defined weighted trend formula for chart analysis, SGIXOCTU-VAUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.96||52wk High Date||2018-09-10|
|52wk Low||14.41||52wk Low Date||2017-12-08|