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Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Gold x10 Short Index (CME:SGICG10S)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

CME_SGICG10S
Open High Low SGICG10S Price Change
17.25 17.98 17.25 17.43 +0.18
Entry Signal

MarketClub’s Trade Triangles for SGICG10S

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 21.68

intermediate term down The intermediate term trend has been DOWN since May 13th, 2019 at 27.70

short term down The short term trend has been DOWN since Jun 14th, 2019 at 18.08

Smart Scan Analysis for SGICG10S

Based on a pre-defined weighted trend formula for chart analysis, SGICG10S scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SGICG10S
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.25 17.98 17.25 17.43 +0.18
Prev. Close Volume Bid Ask Time
30.11 0 2019-06-19 12:30:33
52wk High85.71552wk High Date2018-08-17
52wk Low19.6352wk Low Date2018-04-11
Want to analyze Gold x10 Short Index SGICG10S or another symbol? Try our Free Index Trend Analysis Report.