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Index Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

GOLD X5 SHORT INDEX USD TOTAL RETURN (CME:SGIXGD5S)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SGIXGD5S
Open High Low SGIXGD5S Price Change
4494.24 4560.55 4364.23 4409.93 -81.21
Entry Signal

MarketClub’s Trade Triangles for SGIXGD5S

long term down The long term trend has been DOWN since Dec 7th, 2018 at 6087.867

intermediate term down The intermediate term trend has been DOWN since Jan 25th, 2019 at 4975.440

short term down The short term trend has been DOWN since Feb 15th, 2019 at 4637.110

Smart Scan Analysis for SGIXGD5S

Based on a pre-defined weighted trend formula for chart analysis, SGIXGD5S scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SGIXGD5S
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4494.24 4560.55 4364.23 4409.93 -81.21
Prev. Close Volume Bid Ask Time
4626.65 0 2019-02-22 13:29:48
52wk High8242.67652wk High Date2018-08-17
52wk Low3804.3552wk Low Date2018-04-11
Want to analyze GOLD X5 SHORT INDEX USD TOTAL RETURN SGIXGD5S or another symbol? Try our Free Index Trend Analysis Report.