Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
GLOBAL 1200 CONSUMER STAPLES (CME:SPG1200-30)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for SPG1200-30
The long term trend has been UP since Feb 10th, 2017 at 2687.33
The intermediate term trend has been UP since Nov 13th, 2017 at 2866.23
The short term trend has been UP since Jan 15th, 2018 at 2983.99
Smart Scan Analysis for SPG1200-30
Based on a pre-defined weighted trend formula for chart analysis, SPG1200-30 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3035.57||52wk High Date||2018-01-19|
|52wk Low||2621.7||52wk Low Date||2017-01-30|