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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Gold x10 Leveraged Index (CME:SGICG10L)

Countertrend Up (+85) - SGICG10L is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SGICG10L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGICG10L.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SGICG10L
Open High Low SGICG10L Price Change
2.2295 2.5236 2.1952 2.4647 +0.2352
Entry Signal

MarketClub’s Trade Triangles for SGICG10L

long term up The long-term trend has been UP since Mar 5th, 2024 at 0.9263

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 0.6411

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1.8536

Smart Scan Analysis for SGICG10L

Based on our trend formula, SGICG10L is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SGICG10L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2295 2.5236 2.1952 2.4647 +0.2352
Prev. Close Volume Bid Ask Time
2.2295 0 2024-04-16 13:29:48
52wk High33.1352wk High Date2018-01-25
52wk Low4.715952wk Low Date2018-10-09
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