Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
S&P GLOBAL 1200 (CME:SPG1200)
Weak Downtrend (-65) - SPG1200 is showing signs of a strengthening downtrend. Monitor SPG1200 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPG1200?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPG1200
The long-term trend has been UP since Dec 1st, 2022 at 3021.28
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 3289.13
The short-term trend has been DOWN since Sep 19th, 2023 at 3252.43
Smart Scan Analysis for SPG1200
Based on our trend formula, SPG1200 is rated as a -70 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|