Index Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
GLOBAL 1200 350 TELECOM (CME:SPE350-50)
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 SPE350-50
The long term trend has been DOWN since Feb 8th, 2019 at 961.85
The intermediate term trend has been DOWN since Dec 21st, 2018 at 999.27
The short term trend has been UP since Feb 15th, 2019 at 981.39
Smart Scan Analysis for SPE350-50
Based on a pre-defined weighted trend formula for chart analysis, SPE350-50 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1207.51||52wk High Date||2017-12-08|
|52wk Low||958.56||52wk Low Date||2018-10-26|