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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P GLOBAL 1200 - Telecommunication Services (Sector ) (CME:SPG1200-50)

Sidelines Mode (-55) - SPG1200-50 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPG1200-50?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200-50.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPG1200-50
Open High Low SPG1200-50 Price Change
1896.49 1919.96 1895.63 1906.03 +9.11
Entry Signal

MarketClub’s Trade Triangles for SPG1200-50

long term up The long-term trend has been UP since Oct 1st, 2024 at 1928.94

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 1895.46

short term up The short-term trend has been UP since Oct 25th, 2024 at 1918.34

Smart Scan Analysis for SPG1200-50

Based on our trend formula, SPG1200-50 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPG1200-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1896.49 1919.96 1895.63 1906.03 +9.11
Prev. Close Volume Bid Ask Time
1906.08 0 2024-10-25 16:28:00
52wk High1249.0552wk High Date2018-01-29
52wk Low1023.952wk Low Date2018-10-29
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