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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Crossroads (-60) - SPG1200-50 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 SPG1200-50?

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
1753.02 1772.89 1748.34 1764.85 +11.93
Entry Signal

MarketClub’s Trade Triangles for SPG1200-50

long term up The long-term trend has been UP since Nov 14th, 2023 at 1488.92

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 1838.35

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 1903.19

Smart Scan Analysis for SPG1200-50

Based on our trend formula, SPG1200-50 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPG1200-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1753.02 1772.89 1748.34 1764.85 +11.93
Prev. Close Volume Bid Ask Time
1752.92 0 2024-07-26 16:28:00
52wk High1249.0552wk High Date2018-01-29
52wk Low1023.952wk Low Date2018-10-29
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