Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
S&P GLOBAL 1200 (WM) UTIL (CME:SPG120055WMNTR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SPG120055WMNTR
The long term trend has been UP since Nov 7th, 2018 at 133.94
The intermediate term trend has been DOWN since Dec 24th, 2018 at 133.65
The short term trend has been UP since Jan 17th, 2019 at 134.37
Smart Scan Analysis for SPG120055WMNTR
Based on a pre-defined weighted trend formula for chart analysis, SPG120055WMNTR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||136.69||52wk High Date||2017-11-30|
|52wk Low||119.03||52wk Low Date||2018-02-09|