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Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
S&P GLOBAL 1200 - Consumer Discretionary (Sector ) (CME:SPG1200-25)
Bear Market Rally (-75) - SPG1200-25 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPG1200-25 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPG1200-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200-25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPG1200-25
The long-term trend has been DOWN since Sep 30th, 2022 at 3699.50
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 4260.50
The short-term trend has been UP since Oct 4th, 2022 at 3867.34
Smart Scan Analysis for SPG1200-25
Based on our trend formula, SPG1200-25 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3879.48 | 3883.05 | 3788.09 | 3837.85 | -22.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3860.18 | 0 | 2022-10-05 13:56:26 |
| 52wk High | 3609.09 | 52wk High Date | 2018-09-21 |
| 52wk Low | 3068.29 | 52wk Low Date | 2018-11-20 |