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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P GLOBAL 1200 - Utilities (Sector ) (CME:SPG1200-55)

Sidelines Mode (+55) - SPG1200-55 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

CME_SPG1200-55
Open High Low SPG1200-55 Price Change
2101.58 2107.16 2076.01 2076.93 -24.99
Entry Signal

MarketClub’s Trade Triangles for SPG1200-55

long term up The long-term trend has been UP since Dec 13th, 2023 at 1770.24

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 1854.77

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 2104.74

Smart Scan Analysis for SPG1200-55

Based on our trend formula, SPG1200-55 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPG1200-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2101.58 2107.16 2076.01 2076.93 -24.99
Prev. Close Volume Bid Ask Time
2077.03 0 2024-10-25 16:28:00
52wk High1593.5752wk High Date2017-11-30
52wk Low1382.0652wk Low Date2018-02-09
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