Index Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
GLOBAL ECON INDEX USD (CME:SPGTECOL)
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 SPGTECOL
The long term trend has been UP since Jan 18th, 2019 at 208.99
The intermediate term trend has been UP since Jan 10th, 2019 at 203.54
The short term trend has been DOWN since Feb 15th, 2019 at 218.32
Smart Scan Analysis for SPGTECOL
Based on a pre-defined weighted trend formula for chart analysis, SPGTECOL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||211.06||52wk High Date||2018-01-24|
|52wk Low||189.06||52wk Low Date||2018-10-26|