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Index Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Silver x5 Leveraged Index (CME:SGICSI5L)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_SGICSI5L
Open High Low SGICSI5L Price Change
22.417 22.770 22.385 22.642 +0.481
Entry Signal

MarketClub’s Trade Triangles for SGICSI5L

long term up The long term trend has been UP since Jan 7th, 2020 at 32.206

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2020 at 24.669

short term down The short term trend has been DOWN since Jan 28th, 2020 at 23.639

Smart Scan Analysis for SGICSI5L

Based on a pre-defined weighted trend formula for chart analysis, SGICSI5L scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SGICSI5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.417 22.770 22.385 22.642 +0.481
Prev. Close Volume Bid Ask Time
27.460 0 2020-01-29 08:47:18
52wk High64.8752wk High Date2018-01-25
52wk Low13.343952wk Low Date2018-11-14
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