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Index Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

SILVER X5 LEVERAGED INDEX (CME:SGICSI5L)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SGICSI5L
Open High Low SGICSI5L Price Change
38.63 40.08 38.17 39.79 +0.81
Entry Signal

MarketClub’s Trade Triangles for SGICSI5L

long term down The long term trend has been DOWN since Nov 29th, 2017 at 49.77

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 39.44

short term down The short term trend has been DOWN since May 24th, 2018 at 38.40

Smart Scan Analysis for SGICSI5L

Based on a pre-defined weighted trend formula for chart analysis, SGICSI5L scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGICSI5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.63 40.08 38.17 39.79 +0.81
Prev. Close Volume Bid Ask Time
38.98 0 2018-05-24 07:36:33
52wk High87.4952wk High Date2017-09-08
52wk Low34.6852wk Low Date2018-05-01
Want to analyze SILVER X5 LEVERAGED INDEX SGICSI5L or another symbol? Try our Free Index Trend Analysis Report.