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Index Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

The Gold x5 Leveraged Index (CME:SGIXGD5L)

Bull Market Weakness (+75) - SGIXGD5L is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGIXGD5L as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SGIXGD5L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXGD5L.

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

CME_SGIXGD5L
Open High Low SGIXGD5L Price Change
1222.56 1223.20 1205.70 1220.94 +9.08
Entry Signal

MarketClub’s Trade Triangles for SGIXGD5L

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 1463.64

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 892.14

short term up The short-term trend has been UP since May 17th, 2021 at 1142.35

Smart Scan Analysis for SGIXGD5L

Based on our trend formula, SGIXGD5L is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SGIXGD5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1222.56 1223.20 1205.70 1220.94 +9.08
Prev. Close Volume Bid Ask Time
1211.86 0 2021-05-18 07:52:33
52wk High854.9652wk High Date2018-01-25
52wk Low352.84752wk Low Date2018-08-17
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