Index Trend Analysis Report
Prepared for you on Sunday, May 26, 2019.
GOLD X10 LEVERAGED INDEX (CME:SGICG10L)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 DOWN since Apr 2nd, 2019 at 7.6677
The intermediate term trend has been DOWN since May 21st, 2019 at 6.1332
The short term trend has been UP since May 23rd, 2019 at 6.5270
Smart Scan Analysis for SGICG10L
Based on a pre-defined weighted trend formula for chart analysis, SGICG10L scored -75 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|