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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

S&P Global Luxury Index Net TR (CME:SPGLGUN)

Sidelines Mode (-55) - SPGLGUN 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 SPGLGUN?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPGLGUN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPGLGUN
Open High Low SPGLGUN Price Change
5899.05 5920.59 5891.03 5900.97 +0.22
Entry Signal

MarketClub’s Trade Triangles for SPGLGUN

long term up The long-term trend has been UP since Dec 14th, 2023 at 5613.99

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2024 at 5821.45

short term up The short-term trend has been UP since Mar 27th, 2024 at 5872.00

Smart Scan Analysis for SPGLGUN

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

-55
Smart Scan Analysis for SPGLGUN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5899.05 5920.59 5891.03 5900.97 +0.22
Prev. Close Volume Bid Ask Time
5900.75 0 2024-03-28 16:18:00
52wk High3578.4652wk High Date2018-06-14
52wk Low2898.9852wk Low Date2018-10-25
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