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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_SPAGREDP
Open High Low SPAGREDP Price Change
4166.05 4244.91 4164.89 4238.55 +73.03
Entry Signal

MarketClub’s Trade Triangles for SPAGREDP

long term down The long term trend has been DOWN since Oct 24th, 2018 at 4310.71

intermediate term down The intermediate term trend has been DOWN since Dec 7th, 2018 at 4294.79

short term down The short term trend has been DOWN since Dec 5th, 2018 at 4373.46

Smart Scan Analysis for SPAGREDP

Based on a pre-defined weighted trend formula for chart analysis, SPAGREDP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPAGREDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4166.05 4244.91 4164.89 4238.55 +73.03
Prev. Close Volume Bid Ask Time
4364.86 0 2018-12-12 12:10:40
52wk High503152wk High Date2018-01-26
52wk Low4242.8352wk Low Date2018-10-26
Want to analyze S&P GLOBAL AGRIBUSINESS EQUITY INDEX USD SPAGREDP or another symbol? Try our Free Index Trend Analysis Report.