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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

The Gold x5 Leveraged Index (CME:SGIXGD5L)

Crossroads (+60) - SGIXGD5L is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
888.01 888.01 819.12 826.63 -74.15
Entry Signal

MarketClub’s Trade Triangles for SGIXGD5L

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 839.35

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 873.30

short term up The short-term trend has been UP since Oct 8th, 2021 at 839.00

Smart Scan Analysis for SGIXGD5L

Based on our trend formula, SGIXGD5L is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SGIXGD5L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
888.01 888.01 819.12 826.63 -74.15
Prev. Close Volume Bid Ask Time
826.63 0 2021-10-15 13:30:03
52wk High854.9652wk High Date2018-01-25
52wk Low352.84752wk Low Date2018-08-17
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