Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
S&P GLOBAL WATER INDEX (EURO) (TRUST) (CME:SPGTATRE)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPGTATRE
The long term trend has been UP since Feb 1st, 2019 at 4602.29
The intermediate term trend has been UP since Jan 13th, 2019 at 4397.34
The short term trend has been DOWN since Mar 25th, 2019 at 4895.69
Smart Scan Analysis for SPGTATRE
Based on a pre-defined weighted trend formula for chart analysis, SPGTATRE scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4698.93||52wk High Date||2018-08-10|
|52wk Low||4047.3||52wk Low Date||2018-02-09|