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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.

Open High Low SGICG10S Price Change
0.0297 0.0302 0.0286 0.0292 -0.0024
Entry Signal

MarketClub’s Trade Triangles for SGICG10S

long term down The long-term trend has been DOWN since May 6th, 2021 at 0.0332

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2021 at 0.0559

short term up 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).

Smart Scan Analysis for SGICG10S
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0297 0.0302 0.0286 0.0292 -0.0024
Prev. Close Volume Bid Ask Time
0.0292 0 2021-05-14 16:56:19
52wk High85.71552wk High Date2018-08-17
52wk Low19.6352wk Low Date2018-04-11
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