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Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

S&P GLOBAL AGRIBUSINESS EQUITY INDEX USD (CME:SPAGREDP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_SPAGREDP
Open High Low SPAGREDP Price Change
4484.73 4525.64 0.00 4500.82 +8.84
Entry Signal

MarketClub’s Trade Triangles for SPAGREDP

long term up The long term trend has been UP since Oct 2nd, 2018 at 4604.71

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 4484.48

short term down The short term trend has been DOWN since Oct 18th, 2018 at 4479.93

Smart Scan Analysis for SPAGREDP

Based on a pre-defined weighted trend formula for chart analysis, SPAGREDP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SPAGREDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4484.73 4525.64 0.00 4500.82 +8.84
Prev. Close Volume Bid Ask Time
4491.98 0 2018-10-19 16:19:30
52wk High503152wk High Date2018-01-26
52wk Low4293.8152wk Low Date2018-08-15
Want to analyze S&P GLOBAL AGRIBUSINESS EQUITY INDEX USD SPAGREDP or another symbol? Try our Free Index Trend Analysis Report.