Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, December 21, 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
5513.71 5608.33 5483.75 5570.90 +56.70
Entry Signal

MarketClub’s Trade Triangles for SPGLGUN

long term up The long-term trend has been UP since Sep 27th, 2024 at 5658.40

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2024 at 5399.73

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 5645.48

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
5513.71 5608.33 5483.75 5570.90 +56.70
Prev. Close Volume Bid Ask Time
5562.32 0 2024-12-20 16:15:00
52wk High3578.4652wk High Date2018-06-14
52wk Low2898.9852wk Low Date2018-10-25
Get a free daily analysis and signals for S&P Global Luxury Index Net TR (SPGLGUN) - Request Your Free Report.