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Index Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

WOWAX Shariah Index (CME:SGIXWOS)

Strong Downtrend (-100) - SGIXWOS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGIXWOS continues to fall. Traders should use caution and set stops.

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

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

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

CME_SGIXWOS
Open High Low SGIXWOS Price Change
3741.43 3741.43 3741.43 3741.43 -9.75
Entry Signal

MarketClub’s Trade Triangles for SGIXWOS

long term down The long-term trend has been DOWN since Sep 13th, 2023 at 3780.66

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2023 at 3815.95

short term down The short-term trend has been DOWN since Aug 3rd, 2023 at 4149.84

Smart Scan Analysis for SGIXWOS

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

-100
Smart Scan Analysis for SGIXWOS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3741.43 3741.43 3741.43 3741.43 -9.75
Prev. Close Volume Bid Ask Time
3650.55 0 2023-09-20 18:06:03
52wk High3180.4352wk High Date2018-01-26
52wk Low2551.0952wk Low Date2018-10-29
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