Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
S&P GLOBAL WATER INDEX (EUROS) (CME:SPGTAQUE)
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 SPGTAQUE
The long term trend has been UP since May 7th, 2018 at 2848.42
The intermediate term trend has been UP since Jul 17th, 2018 at 2873.72
The short term trend has been DOWN since Aug 13th, 2018 at 2986.49
Smart Scan Analysis for SPGTAQUE
Based on a pre-defined weighted trend formula for chart analysis, SPGTAQUE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3011.1||52wk High Date||2018-08-10|
|52wk Low||2641.31||52wk Low Date||2018-02-09|