Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
S&P GLOBAL 1200 - Industrials (Sector ) (CME:SPG1200-20)
Crossroads (-60) - SPG1200-20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPG1200-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPG1200-20
The long-term trend has been UP since Nov 23rd, 2022 at 3289.54
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 3641.10
The short-term trend has been DOWN since Sep 21st, 2023 at 3507.54
Smart Scan Analysis for SPG1200-20
Based on our trend formula, SPG1200-20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2953.65||52wk High Date||2018-01-29|
|52wk Low||2419.37||52wk Low Date||2018-10-29|