Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
S&P GLOBAL 1200 (CME:SPG1200)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for SPG1200
The long term trend has been DOWN since Feb 9th, 2018 at 2256.44
The intermediate term trend has been DOWN since Feb 4th, 2018 at 2430.83
The short term trend has been UP since Feb 12th, 2018 at 2302.92
Smart Scan Analysis for SPG1200
Based on a pre-defined weighted trend formula for chart analysis, SPG1200 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2519.92||52wk High Date||2018-01-29|
|52wk Low||2036.89||52wk Low Date||2017-02-17|