Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
The Gold x5 Short Index (CME:SGIXGD5S)
Bear Market Rally (-75) - SGIXGD5S is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SGIXGD5S as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SGIXGD5S?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXGD5S.
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 SGIXGD5S
The long-term trend has been DOWN since Oct 30th, 2023 at 203.370
The intermediate-term trend has been DOWN since Feb 29th, 2024 at 189.310
The short-term trend has been UP since Apr 22nd, 2024 at 93.719
Smart Scan Analysis for SGIXGD5S
Based on our trend formula, SGIXGD5S is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 100.068 | 103.758 | 98.267 | 100.959 | +0.891 |
| Prev. Close | Volume | Bid | Ask | Time |
| 100.068 | 0 | 2024-04-24 13:30:03 |
| 52wk High | 8242.676 | 52wk High Date | 2018-08-17 |
| 52wk Low | 3804.35 | 52wk Low Date | 2018-04-11 |