Future Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
MSCI EMERGING MARKETS LATIN AMER (MINI) Dec 2017 (E) (NYBOT:MLE.Z17.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 MLE.Z17.E
The long term trend has been DOWN since Nov 13th, 2017 at 2736.8
The intermediate term trend has been DOWN since Oct 23rd, 2017 at 2913.5
The short term trend has been UP since Dec 12th, 2017 at 2727.6
Smart Scan Analysis for MLE.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, MLE.Z17.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||3023.7||Contract High Date||2017-10-05|
|Contract Low||2657.2||Contract Low Date||2017-11-15|
|Open Time||20:00||Close Time||18:00|