Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
SILVER X5 LEVERAGED INDEX (CME:SGICSI5L)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for SGICSI5L
The long term trend has been DOWN since Nov 29th, 2017 at 49.7700
The intermediate term trend has been UP since Sep 28th, 2018 at 17.9797
The short term trend has been DOWN since Oct 16th, 2018 at 17.9094
Smart Scan Analysis for SGICSI5L
Based on a pre-defined weighted trend formula for chart analysis, SGICSI5L scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||64.87||52wk High Date||2018-01-25|
|52wk Low||14.5032||52wk Low Date||2018-09-11|