Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Brent+ Index (CME:SGMDBRP)
Bear Market Rally (-75) - SGMDBRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGMDBRP as it may be in the beginning 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 DOWN since Mar 5th, 2025 at 76.863
The intermediate-term trend has been DOWN since Apr 4th, 2025 at 75.805
The short-term trend has been UP since May 6th, 2025 at 70.239
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 |
|---|---|---|---|---|
| 70.688 | 71.602 | 70.677 | 71.580 | +0.926 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.654 | 0 | 2025-05-09 05:55:45 |