Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P GLOBAL 1200 - Utilities (Sector ) (CME:SPG1200-55)
Long-Term Uptrend (+90) - SPG1200-55 is in a strong uptrend that is likely to continue. While SPG1200-55 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPG1200-55?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG1200-55.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPG1200-55
The long-term trend has been UP since Apr 7th, 2021 at 1866.27
The intermediate-term trend has been UP since Jul 12th, 2021 at 1845.36
The short-term trend has been UP since Jul 23rd, 2021 at 1844.52
Smart Scan Analysis for SPG1200-55
Based on our trend formula, SPG1200-55 is rated as a +90 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|