Free Daily Analysis

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.

CME_SPG1200-50
Open High Low SPG1200-50 Price Change
1148.41 1148.88 1120.26 1140.72 -2.49
Entry Signal

MarketClub’s Trade Triangles for SPG1200-50

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 1731.03

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2022 at 1276.58

short term up 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).

-75
Smart Scan Analysis for SPG1200-50
Strong Downtrend Sideways 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 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.