Index Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Gold x10 Leveraged Index (CME:SGICG10L)
Bull Market Weakness (+75) - SGICG10L is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGICG10L as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SGICG10L
The long-term trend has been DOWN since Oct 29th, 2020 at 18.5498
The intermediate-term trend has been UP since Apr 8th, 2021 at 4.2536
The short-term trend has been UP since May 17th, 2021 at 6.5848
Smart Scan Analysis for SGICG10L
Based on our trend formula, SGICG10L is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||33.13||52wk High Date||2018-01-25|
|52wk Low||4.7159||52wk Low Date||2018-10-09|