Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
SILVER X5 SHORT INDEX (CME:SGICSI5S)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 SGICSI5S
The long term trend has been UP since Jul 2nd, 2018 at 714.4651
The intermediate term trend has been UP since Jun 26th, 2018 at 648.0400
The short term trend has been UP since Aug 10th, 2018 at 846.9705
Smart Scan Analysis for SGICSI5S
Based on a pre-defined weighted trend formula for chart analysis, SGICSI5S scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1177.073||52wk High Date||2018-08-16|
|52wk Low||480.43||52wk Low Date||2018-06-14|