Index Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
GOLD X10 LEVERAGED INDEX (CME:SGICG10L)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 SGICG10L
The long term trend has been UP since Dec 19th, 2018 at 7.3251
The intermediate term trend has been UP since Jan 28th, 2019 at 9.7596
The short term trend has been UP since Feb 15th, 2019 at 10.9210
Smart Scan Analysis for SGICG10L
Based on a pre-defined weighted trend formula for chart analysis, SGICG10L scored +100 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|