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Index Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

The Gold x5 Short Index (CME:SGIXGD5S)

Crossroads (-60) - SGIXGD5S 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 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.

CME_SGIXGD5S
Open High Low SGIXGD5S Price Change
471.28 476.55 461.92 469.70 +3.43
Entry Signal

MarketClub’s Trade Triangles for SGIXGD5S

long term up The long-term trend has been UP since Aug 9th, 2021 at 524.54

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 451.88

short term down The short-term trend has been DOWN since Oct 8th, 2021 at 467.26

Smart Scan Analysis for SGIXGD5S

Based on our trend formula, SGIXGD5S is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SGIXGD5S
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
471.28 476.55 461.92 469.70 +3.43
Prev. Close Volume Bid Ask Time
466.27 0 2021-10-18 16:45:02
52wk High8242.67652wk High Date2018-08-17
52wk Low3804.3552wk Low Date2018-04-11
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