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Index Trend Analysis Report

Prepared for you on Tuesday, January 26, 2021.

Silver Benchmark Index (CME:SGICSIB)

Countertrend Up (+85) - SGICSIB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SGICSIB
Open High Low SGICSIB Price Change
9053.182 9126.581 9051.392 9121.211 +32.224
Entry Signal

MarketClub’s Trade Triangles for SGICSIB

long term up The long-term trend has been UP since Jun 1st, 2020 at 6798.819

intermediate term up The intermediate-term trend has been UP since Dec 16th, 2020 at 8954.719

short term up The short-term trend has been UP since Jan 20th, 2021 at 9151.645

Smart Scan Analysis for SGICSIB

Based on our trend formula, SGICSIB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SGICSIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9053.182 9126.581 9051.392 9121.211 +32.224
Prev. Close Volume Bid Ask Time
8702.077 0 2021-01-26 06:42:03
52wk High7009.74652wk High Date2018-01-25
52wk Low5378.82152wk Low Date2018-11-14
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