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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

SGI Smart WTI Long Invest Index (NEW VA) (CME:SGIXWTIL)

Crossroads (-60) - SGIXWTIL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SGIXWTIL
Open High Low SGIXWTIL Price Change
1521.04 1521.24 1521.04 1521.24 +0.20
Entry Signal

MarketClub’s Trade Triangles for SGIXWTIL

long term up The long-term trend has been UP since Mar 13th, 2024 at 1517.54

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1564.69

short term down The short-term trend has been DOWN since May 21st, 2024 at 1551.22

Smart Scan Analysis for SGIXWTIL

Based on our trend formula, SGIXWTIL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SGIXWTIL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1521.04 1521.24 1521.04 1521.24 +0.20
Prev. Close Volume Bid Ask Time
1521.04 0 2024-05-24 00:53:00
52wk High1461.03352wk High Date2018-10-03
52wk Low984.63452wk Low Date2018-11-29
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