Index Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
S&P Global Luxury Index Net TR (CME:SPGLGUN)
Crossroads (+60) - SPGLGUN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGLGUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGLGUN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPGLGUN
The long-term trend has been DOWN since Feb 26th, 2020 at 3440.14
The intermediate-term trend has been UP since May 26th, 2020 at 3062.82
The short-term trend has been UP since May 18th, 2020 at 2948.66
Smart Scan Analysis for SPGLGUN
Based on our trend formula, SPGLGUN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3578.46||52wk High Date||2018-06-14|
|52wk Low||2898.98||52wk Low Date||2018-10-25|