Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
BNY MELLON CHINA XIA Y? DAI ADR INDEX (CME:BKXYD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 BKXYD
The long term trend has been DOWN since Jul 30th, 2018 at 4105.25
The intermediate term trend has been UP since Nov 1st, 2018 at 3244.80
The short term trend has been UP since Nov 14th, 2018 at 3105.53
Smart Scan Analysis for BKXYD
Based on a pre-defined weighted trend formula for chart analysis, BKXYD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4763.92||52wk High Date||2018-06-12|
|52wk Low||2885.58||52wk Low Date||2018-10-29|