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Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
S&P GLOBAL 1200 - Telecommunication Services (Sector ) (CME:SPG1200-50)
Bear Market Rally (-75) - SPG1200-50 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPG1200-50 as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for SPG1200-50
The long-term trend has been DOWN since Oct 1st, 2021 at 1731.03
The intermediate-term trend has been DOWN since Aug 23rd, 2022 at 1276.58
The short-term trend has been UP since Oct 4th, 2022 at 1127.98
Smart Scan Analysis for SPG1200-50
Based on our trend formula, SPG1200-50 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1148.41 | 1148.88 | 1120.26 | 1140.72 | -2.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1143.21 | 0 | 2022-10-05 15:04:16 |
| 52wk High | 1249.05 | 52wk High Date | 2018-01-29 |
| 52wk Low | 1023.9 | 52wk Low Date | 2018-10-29 |