Index Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
S&P GLOBAL 1200 (CME:SPG1200)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SPG1200
The long term trend has been UP since Feb 22nd, 2019 at 2324.24
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 2513.99
The short term trend has been UP since Dec 6th, 2019 at 2535.93
Smart Scan Analysis for SPG1200
Based on a pre-defined weighted trend formula for chart analysis, SPG1200 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2519.92||52wk High Date||2018-01-29|
|52wk Low||2180.06||52wk Low Date||2018-10-29|