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Index Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
S&P GLOBAL 1200 - Utilities (Sector ) (CME:SPG1200-55)
Long-Term Uptrend (+90) - SPG1200-55 is in a strong uptrend that is likely to continue. While SPG1200-55 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPG1200-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200-55.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPG1200-55
The long-term trend has been UP since Dec 13th, 2023 at 1770.24
The intermediate-term trend has been UP since Apr 23rd, 2024 at 1779.45
The short-term trend has been UP since Apr 19th, 2024 at 1737.08
Smart Scan Analysis for SPG1200-55
Based on our trend formula, SPG1200-55 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1783.51 | 1812.44 | 1779.42 | 1800.25 | +16.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1783.51 | 0 | 2024-05-01 16:17:00 |
| 52wk High | 1593.57 | 52wk High Date | 2017-11-30 |
| 52wk Low | 1382.06 | 52wk Low Date | 2018-02-09 |