Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
GLOBAL DIVIDEND OPPORTUNITY NET (CME:SPGTGDON)
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 SPGTGDON
The long term trend has been UP since Jul 6th, 2018 at 403.84
The intermediate term trend has been UP since Aug 20th, 2018 at 414.68
The short term trend has been DOWN since Sep 20th, 2018 at 412.95
Smart Scan Analysis for SPGTGDON
Based on a pre-defined weighted trend formula for chart analysis, SPGTGDON scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||429.6||52wk High Date||2018-01-29|
|52wk Low||389.22||52wk Low Date||2017-11-20|