Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
SILVER X5 LEVERAGED INDEX (CME:SGICSI5L)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Jun 19th, 2018 at 37.1400
The short term trend has been DOWN since Aug 3rd, 2018 at 24.6053
Smart Scan Analysis for SGICSI5L
Based on a pre-defined weighted trend formula for chart analysis, SGICSI5L scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||87.49||52wk High Date||2017-09-08|
|52wk Low||17.3016||52wk Low Date||2018-08-16|