Index Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
Global Listed Private Equity Index (CME:GLPEX)
Countertrend Up (+85) - GLPEX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GLPEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLPEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLPEX
The long-term trend has been UP since Jul 1st, 2020 at 1071.40
The intermediate-term trend has been UP since Oct 5th, 2020 at 1054.74
The short-term trend has been DOWN since Oct 21st, 2020 at 1066.97
Smart Scan Analysis for GLPEX
Based on our trend formula, GLPEX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1139.51||52wk High Date||2018-09-21|
|52wk Low||980.91||52wk Low Date||2018-11-20|