Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
SGI Wise US Long/Short - Weighted (CME:SGIXWULS)
Countertrend Down (-85) - SGIXWULS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SGIXWULS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXWULS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXWULS
The long-term trend has been DOWN since Dec 6th, 2019 at 816.87
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 774.97
The short-term trend has been UP since May 20th, 2020 at 639.94
Smart Scan Analysis for SGIXWULS
Based on our trend formula, SGIXWULS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1093.91||52wk High Date||2017-12-20|
|52wk Low||943.78||52wk Low Date||2018-11-29|