Index Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
GLOBAL 1200 UTIL (CME:SPG1200-55)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 SPG1200-55
The long term trend has been UP since Feb 7th, 2019 at 1570.72
The intermediate term trend has been UP since Jan 23rd, 2019 at 1531.46
The short term trend has been DOWN since Feb 14th, 2019 at 1572.70
Smart Scan Analysis for SPG1200-55
Based on a pre-defined weighted trend formula for chart analysis, SPG1200-55 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1593.57||52wk High Date||2017-11-30|
|52wk Low||1382.06||52wk Low Date||2018-02-09|