Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P GLOBAL 1200 (WM) ENERGY (CME:SPG120010WMNTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPG120010WMNTR
The long term trend has been UP since Oct 1st, 2018 at 142.67
The intermediate term trend has been DOWN since Oct 11th, 2018 at 135.94
The short term trend has been DOWN since Oct 10th, 2018 at 141.79
Smart Scan Analysis for SPG120010WMNTR
Based on a pre-defined weighted trend formula for chart analysis, SPG120010WMNTR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||145.39||52wk High Date||2018-05-22|
|52wk Low||119.22||52wk Low Date||2018-02-09|