Index Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
GLOBAL ECON INDEX USD (CME:SPGTECOL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPGTECOL
The long term trend has been UP since Dec 22nd, 2017 at 206.07
The intermediate term trend has been UP since Dec 10th, 2017 at 201.25
The short term trend has been DOWN since Jan 19th, 2018 at 208.73
Smart Scan Analysis for SPGTECOL
Based on a pre-defined weighted trend formula for chart analysis, SPGTECOL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||209.92||52wk High Date||2018-01-16|
|52wk Low||177.09||52wk Low Date||2017-01-19|