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Index Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

Silver x5 Leveraged Index (CME:SGICSI5L)

Countertrend Down (-85) - SGICSI5L is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SGICSI5L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGICSI5L.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SGICSI5L
Open High Low SGICSI5L Price Change
1.1845 1.2637 1.1260 1.1494 +0.0225
Entry Signal

MarketClub’s Trade Triangles for SGICSI5L

long term down The long-term trend has been DOWN since Apr 28th, 2022 at 1.5802

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 2.0831

short term up The short-term trend has been UP since May 19th, 2022 at 1.1968

Smart Scan Analysis for SGICSI5L

Based on our trend formula, SGICSI5L is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SGICSI5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1845 1.2637 1.1260 1.1494 +0.0225
Prev. Close Volume Bid Ask Time
1.1269 0 2022-05-23 12:33:33
52wk High64.8752wk High Date2018-01-25
52wk Low13.343952wk Low Date2018-11-14
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