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.
MarketClub’s Trade Triangles for SPGLGUN
The long-term trend has been UP since Jun 5th, 2020 at 3453.24
The intermediate-term trend has been UP since Jul 6th, 2020 at 3522.52
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).
|52wk High||3578.46||52wk High Date||2018-06-14|
|52wk Low||2898.98||52wk Low Date||2018-10-25|