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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
The Gold x5 Short Index (CME:SGIXGD5S)
Strong Downtrend (-100) - SGIXGD5S is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SGIXGD5S continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SGIXGD5S?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXGD5S.
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 SGIXGD5S
The long-term trend has been DOWN since Oct 30th, 2023 at 203.37
The intermediate-term trend has been DOWN since Feb 29th, 2024 at 189.31
The short-term trend has been DOWN since Mar 21st, 2024 at 144.41
Smart Scan Analysis for SGIXGD5S
Based on our trend formula, SGIXGD5S is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89.911 | 91.893 | 86.400 | 86.925 | -2.986 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89.911 | 0 | 2024-04-19 13:20:48 |
| 52wk High | 8242.676 | 52wk High Date | 2018-08-17 |
| 52wk Low | 3804.35 | 52wk Low Date | 2018-04-11 |