Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
The Gold x5 Short Index (CME:SGIXGD5S)
Strong Uptrend (+100) - SGIXGD5S is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SGIXGD5S continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for SGIXGD5S
The long-term trend has been UP since Feb 26th, 2021 at 609.86
The intermediate-term trend has been UP since Jan 11th, 2021 at 479.85
The short-term trend has been UP since Feb 25th, 2021 at 531.26
Smart Scan Analysis for SGIXGD5S
Based on our trend formula, SGIXGD5S is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8242.676||52wk High Date||2018-08-17|
|52wk Low||3804.35||52wk Low Date||2018-04-11|