Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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

Weak Downtrend (-65) - SPG1200-50 is showing signs of a strengthening downtrend. Monitor SPG1200-50 as it may be building momentum to the downside.

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
1830.15 1845.41 1824.09 1826.62 -3.31
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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPG1200-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1830.15 1845.41 1824.09 1826.62 -3.31
Prev. Close Volume Bid Ask Time
1826.58 0 2024-07-19 16:34:00
52wk High1249.0552wk High Date2018-01-29
52wk Low1023.952wk Low Date2018-10-29
Get a free daily analysis and signals for S&P GLOBAL 1200 - Telecommunication Services (Sector ) (SPG1200-50) - Request Your Free Report.