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Index Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

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

Countertrend Up (+85) - SPGLGUN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
3669.74 3693.17 3647.73 3672.51 -3.46
Entry Signal

MarketClub’s Trade Triangles for SPGLGUN

long term up The long-term trend has been UP since Jun 5th, 2020 at 3453.24

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 3522.52

short term up The short-term trend has been UP since Aug 5th, 2020 at 3685.15

Smart Scan Analysis for SPGLGUN

Based on our trend formula, SPGLGUN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SPGLGUN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3669.74 3693.17 3647.73 3672.51 -3.46
Prev. Close Volume Bid Ask Time
3340.58 0 2020-08-07 16:19:44
52wk High3578.4652wk High Date2018-06-14
52wk Low2898.9852wk Low Date2018-10-25
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