Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
S&P GLOBAL CLEAN ENERGY INDEX (EUROS) (CME:SPGTCLEE)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPGTCLEE
The long term trend has been DOWN since May 17th, 2017 at 585.43
The intermediate term trend has been UP since Jun 26th, 2017 at 584.27
The short term trend has been DOWN since Jun 27th, 2017 at 578.85
Smart Scan Analysis for SPGTCLEE
Based on a pre-defined weighted trend formula for chart analysis, SPGTCLEE scored -75 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|