Index Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
S&P GLOBAL 1200 - Consumer Staples (Sector ) (CME:SPG1200-30)
Crossroads (-60) - SPG1200-30 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 SPG1200-30?
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 UP since Jul 15th, 2020 at 3006.26
The intermediate-term trend has been DOWN since Jan 19th, 2021 at 3212.78
The short-term trend has been DOWN since Jan 4th, 2021 at 3277.82
Smart Scan Analysis for SPG1200-30
Based on our trend formula, SPG1200-30 is rated as a -60 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|