Index Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Gold x10 Leveraged Index (CME:SGICG10L)
Crossroads (-60) - SGICG10L is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Aug 6th, 2021 at 3.0979
The intermediate-term trend has been UP since Oct 13th, 2021 at 3.0223
The short-term trend has been UP since Oct 8th, 2021 at 2.7339
Smart Scan Analysis for SGICG10L
Based on our trend formula, SGICG10L is rated as a -60 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|