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Index Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

BNY MELLON AUSTRALIA CLASSIC ADR INDEX (CME:BKCAU)

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.

CME_BKCAU
Open High Low BKCAU Price Change
1552.55 1552.55 1528.79 1528.94 -33.79
Entry Signal

MarketClub’s Trade Triangles for BKCAU

long term down The long term trend has been DOWN since Sep 7th, 2018 at 1698.56

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 1552.63

short term up The short term trend has been UP since Dec 13th, 2018 at 1560.31

Smart Scan Analysis for BKCAU

Based on a pre-defined weighted trend formula for chart analysis, BKCAU scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for BKCAU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1552.55 1552.55 1528.79 1528.94 -33.79
Prev. Close Volume Bid Ask Time
1610.14 0 2018-12-14 16:20:03
52wk High1886.7552wk High Date2018-01-29
52wk Low1532.7952wk Low Date2018-10-26
Want to analyze BNY MELLON AUSTRALIA CLASSIC ADR INDEX BKCAU or another symbol? Try our Free Index Trend Analysis Report.