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Index Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Silver x5 Short Index (CME:SGICSI5S)

Strong Downtrend (-100) - SGICSI5S is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SGICSI5S?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGICSI5S.

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

CME_SGICSI5S
Open High Low SGICSI5S Price Change
0.5983 0.6154 0.5564 0.5854 -0.0134
Entry Signal

MarketClub’s Trade Triangles for SGICSI5S

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 166.6700

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2021 at 0.8976

short term down The short-term trend has been DOWN since May 3rd, 2021 at 0.7444

Smart Scan Analysis for SGICSI5S

Based on our trend formula, SGICSI5S is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SGICSI5S
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5983 0.6154 0.5564 0.5854 -0.0134
Prev. Close Volume Bid Ask Time
0.5988 0 2021-05-07 13:59:33
52wk High1338.12552wk High Date2018-09-11
52wk Low480.4352wk Low Date2018-06-14
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