Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
GLOBAL ECON INDEX EUR (CME:SPGTECEP)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPGTECEP
The long term trend has been UP since May 4th, 2018 at 199.08
The intermediate term trend has been UP since Jul 13th, 2018 at 202.22
The short term trend has been UP since Aug 17th, 2018 at 209.76
Smart Scan Analysis for SPGTECEP
Based on a pre-defined weighted trend formula for chart analysis, SPGTECEP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||211.39||52wk High Date||2018-08-20|
|52wk Low||184.08||52wk Low Date||2018-02-09|