Index Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
S&P GLOBAL 1200 - Consumer Staples (Sector ) (CME:SPG1200-30)
Bull Market Weakness (+75) - SPG1200-30 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPG1200-30 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPG1200-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200-30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPG1200-30
The long-term trend has been DOWN since Mar 8th, 2022 at 3374.33
The intermediate-term trend has been UP since Jul 20th, 2022 at 3334.19
The short-term trend has been UP since Aug 10th, 2022 at 3417.48
Smart Scan Analysis for SPG1200-30
Based on our trend formula, SPG1200-30 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3070.48||52wk High Date||2018-01-24|
|52wk Low||2664.23||52wk Low Date||2018-05-03|