Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

The Gold x5 Short Index (CME:SGIXGD5S)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
4169.37 4257.59 4169.37 4198.94 +29.57
Entry Signal

MarketClub’s Trade Triangles for SGIXGD5S

long term down The long term trend has been DOWN since Jun 4th, 2019 at 4536.60

intermediate term down The intermediate term trend has been DOWN since May 13th, 2019 at 5196.14

short term down The short term trend has been DOWN since Jun 14th, 2019 at 4266.94

Smart Scan Analysis for SGIXGD5S

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

-100
Smart Scan Analysis for SGIXGD5S
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4169.37 4257.59 4169.37 4198.94 +29.57
Prev. Close Volume Bid Ask Time
5453.7 0 2019-06-19 13:30:03
52wk High8242.67652wk High Date2018-08-17
52wk Low3804.3552wk Low Date2018-04-11
Want to analyze The Gold x5 Short Index SGIXGD5S or another symbol? Try our Free Index Trend Analysis Report.