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Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

S&P GLOBAL BMI (US DOLLAR) (CME:SBBMGLU)

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_SBBMGLU
Open High Low SBBMGLU Price Change
245.71 247.62 245.44 246.04 -0.20
Entry Signal

MarketClub’s Trade Triangles for SBBMGLU

long term down The long term trend has been DOWN since Oct 10th, 2018 at 251.69

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 256.14

short term down The short term trend has been DOWN since Oct 19th, 2018 at 245.52

Smart Scan Analysis for SBBMGLU

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

-100
Smart Scan Analysis for SBBMGLU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
245.71 247.62 245.44 246.04 -0.20
Prev. Close Volume Bid Ask Time
246.24 0 2018-10-19 15:51:34
52wk High274.6952wk High Date2018-01-29
52wk Low243.1652wk Low Date2018-10-11
Want to analyze S&P GLOBAL BMI (US DOLLAR) SBBMGLU or another symbol? Try our Free Index Trend Analysis Report.