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Index Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

The Gold x5 Leveraged Index (CME:SGIXGD5L)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_SGIXGD5L
Open High Low SGIXGD5L Price Change
970.77 970.77 944.89 945.53 -25.24
Entry Signal

MarketClub’s Trade Triangles for SGIXGD5L

long term up The long term trend has been UP since Jun 5th, 2019 at 565.81

intermediate term up The intermediate term trend has been UP since May 13th, 2019 at 485.21

short term down The short term trend has been DOWN since Aug 13th, 2019 at 920.89

Smart Scan Analysis for SGIXGD5L

Based on a pre-defined weighted trend formula for chart analysis, SGIXGD5L scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SGIXGD5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
970.77 970.77 944.89 945.53 -25.24
Prev. Close Volume Bid Ask Time
457.28 0 2019-08-22 03:39:18
52wk High854.9652wk High Date2018-01-25
52wk Low352.84752wk Low Date2018-08-17
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