Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
S&P Global Ex-U.S. Property (US Dollar) (CME:SPBMGUU)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPBMGUU
The long term trend has been DOWN since Aug 5th, 2019 at 204.77
The intermediate term trend has been DOWN since Jul 28th, 2019 at 211.93
The short term trend has been DOWN since Aug 22nd, 2019 at 206.75
Smart Scan Analysis for SPBMGUU
Based on a pre-defined weighted trend formula for chart analysis, SPBMGUU scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||233.92||52wk High Date||2018-01-26|
|52wk Low||187.55||52wk Low Date||2018-10-25|