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Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
The Gold x5 Leveraged Index (CME:SGIXGD5L)
Long-Term Downtrend (-90) - SGIXGD5L is in a strong downtrend that is likely to continue. While SGIXGD5L is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SGIXGD5L
The long-term trend has been DOWN since Nov 9th, 2020 at 1463.64
The intermediate-term trend has been DOWN since Jan 8th, 2021 at 1217.82
The short-term trend has been DOWN since Feb 25th, 2021 at 1012.54
Smart Scan Analysis for SGIXGD5L
Based on our trend formula, SGIXGD5L is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 830.53 | 882.96 | 825.60 | 875.82 | +27.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 848.25 | 0 | 2021-03-02 12:54:48 |
| 52wk High | 854.96 | 52wk High Date | 2018-01-25 |
| 52wk Low | 352.847 | 52wk Low Date | 2018-08-17 |