Index Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
S&P GLOBAL 1200 - Telecommunication Services (Sector ) (CME:SPG1200-50)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPG1200-50
The long term trend has been UP since Jul 26th, 2019 at 1215.57
The intermediate term trend has been UP since Oct 16th, 2019 at 1199.88
The short term trend has been UP since Oct 7th, 2019 at 1172.42
Smart Scan Analysis for SPG1200-50
Based on a pre-defined weighted trend formula for chart analysis, SPG1200-50 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1249.05000000||52wk High Date||2018-01-29|
|52wk Low||1023.90000000||52wk Low Date||2018-10-29|