Index Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
S&P GLOBAL CLEAN ENERGY INDEX (EUROS) (CME:SPGTCLEE)
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 SPGTCLEE
The long term trend has been UP since Feb 9th, 2017 at 599.70
The intermediate term trend has been DOWN since Mar 21st, 2017 at 608.40
The short term trend has been DOWN since Apr 18th, 2017 at 605.23
Smart Scan Analysis for SPGTCLEE
Based on a pre-defined weighted trend formula for chart analysis, SPGTCLEE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||649.22||52wk High Date||2016-09-08|
|52wk Low||543.61||52wk Low Date||2016-11-11|