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Index Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

GLOBAL 1200 MATERIALS (CME:SPG1200-15)

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_SPG1200-15
Open High Low SPG1200-15 Price Change
2486.33 0.00 2464.75 2465.25 -31.26
Entry Signal

MarketClub’s Trade Triangles for SPG1200-15

long term down The long term trend has been DOWN since Jul 4th, 2018 at 2697.34

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 2655.25

short term down The short term trend has been DOWN since Oct 18th, 2018 at 2541.98

Smart Scan Analysis for SPG1200-15

Based on a pre-defined weighted trend formula for chart analysis, SPG1200-15 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPG1200-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2486.33 0.00 2464.75 2465.25 -31.26
Prev. Close Volume Bid Ask Time
2496.51 0 2018-10-23 09:20:36
52wk High3054.0952wk High Date2018-01-29
52wk Low2493.0152wk Low Date2018-10-22
Want to analyze GLOBAL 1200 MATERIALS SPG1200-15 or another symbol? Try our Free Index Trend Analysis Report.