Index Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
S&P Global 1200 (WM) ZAR (CME:SPG12WZP)
Strong Uptrend (+100) - SPG12WZP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPG12WZP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPG12WZP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPG12WZP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPG12WZP
The long-term trend has been UP since Jan 6th, 2021 at 5943.54
The intermediate-term trend has been UP since Mar 2nd, 2021 at 6078.39
The short-term trend has been UP since Apr 23rd, 2021 at 6106.84
Smart Scan Analysis for SPG12WZP
Based on our trend formula, SPG12WZP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).