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Index Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

The Gold Benchmark Index (CME:SGICGDB)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_SGICGDB
Open High Low SGICGDB Price Change
8236.34 8253.75 8222.30 8223.43 -3.93
Entry Signal

MarketClub’s Trade Triangles for SGICGDB

long term up The long term trend has been UP since Aug 29th, 2019 at 8769.62

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 8344.72

short term down The short term trend has been DOWN since Dec 6th, 2019 at 8241.96

Smart Scan Analysis for SGICGDB

Based on a pre-defined weighted trend formula for chart analysis, SGICGDB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for SGICGDB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8236.34 8253.75 8222.30 8223.43 -3.93
Prev. Close Volume Bid Ask Time
8227.36 0 2019-12-09 12:59:48
52wk High8092.3752wk High Date2018-01-25
52wk Low6852.97752wk Low Date2018-08-17
Want to analyze The Gold Benchmark Index SGICGDB or another symbol? Try our Free Index Trend Analysis Report.