Index Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Gold x10 Short Index (CME:SGICG10S)
Bear Market Rally (-75) - SGICG10S is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGICG10S as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SGICG10S?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGICG10S.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGICG10S
The long-term trend has been DOWN since May 6th, 2021 at 0.0332
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 0.0559
The short-term trend has been UP since May 13th, 2021 at 0.0325
Smart Scan Analysis for SGICG10S
Based on our trend formula, SGICG10S is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||85.715||52wk High Date||2018-08-17|
|52wk Low||19.63||52wk Low Date||2018-04-11|