Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
S&P GLOBAL 1200 (WM) CONSUMER S (CME:SPG120030WMNTR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPG120030WMNTR
The long term trend has been UP since Feb 3rd, 2017 at 219.65
The intermediate term trend has been UP since Nov 13th, 2017 at 240.05
The short term trend has been DOWN since Dec 7th, 2017 at 247.30
Smart Scan Analysis for SPG120030WMNTR
Based on a pre-defined weighted trend formula for chart analysis, SPG120030WMNTR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||249.51||52wk High Date||2017-12-06|
|52wk Low||210.69||52wk Low Date||2016-12-15|