Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
GLOBAL ECON INDEX USD (CME:SPGTECOL)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPGTECOL
The long term trend has been UP since Feb 3rd, 2017 at 180.14
The intermediate term trend has been UP since Sep 8th, 2017 at 202.27
The short term trend has been DOWN since Sep 22nd, 2017 at 203.65
Smart Scan Analysis for SPGTECOL
Based on a pre-defined weighted trend formula for chart analysis, SPGTECOL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||205.06||52wk High Date||2017-09-20|
|52wk Low||170.26||52wk Low Date||2016-11-14|