Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
GLOBAL 1200 350 TELECOM (CME:SPE350-50)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for SPE350-50
The long term trend has been DOWN since Feb 2nd, 2018 at 1129.79
The intermediate term trend has been DOWN since Jul 20th, 2018 at 1018.44
The short term trend has been UP since Sep 10th, 2018 at 984.04
Smart Scan Analysis for SPE350-50
Based on a pre-defined weighted trend formula for chart analysis, SPE350-50 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1207.51||52wk High Date||2017-12-08|
|52wk Low||964.58||52wk Low Date||2018-09-06|