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Index Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
Brent+ Index (CME:SGMDBRP)
Bull Market Weakness (+75) - SGMDBRP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGMDBRP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGMDBRP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGMDBRP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SGMDBRP
The long-term trend has been UP since Jan 10th, 2025 at 86.922
The intermediate-term trend has been UP since Dec 30th, 2024 at 80.850
The short-term trend has been DOWN since Jan 15th, 2025 at 86.359
Smart Scan Analysis for SGMDBRP
Based on our trend formula, SGMDBRP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 86.076 | 86.602 | 85.549 | 85.768 | -0.362 |
| Prev. Close | Volume | Bid | Ask | Time |
| 86.130 | 0 | 2025-01-22 15:09:45 |