Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
S&P GLOBAL CLEAN ENERGY INDEX (EUROS) (CME:SPGTCLEE)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Jun 27th, 2018 at 574.63
The intermediate term trend has been UP since Nov 5th, 2018 at 563.03
The short term trend has been DOWN since Nov 14th, 2018 at 579.91
Smart Scan Analysis for SPGTCLEE
Based on a pre-defined weighted trend formula for chart analysis, SPGTCLEE scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||648.95||52wk High Date||2018-05-23|
|52wk Low||526.52||52wk Low Date||2018-10-30|