Index Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
CREDIT SUISSE 130/30 LONG BASKET RETURN (CME:CS130L)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 CS130L
The long term trend has been DOWN since Feb 9th, 2018 at 1954.16
The intermediate term trend has been UP since Feb 26th, 2018 at 2104.00
The short term trend has been DOWN since Mar 14th, 2018 at 2104.70
Smart Scan Analysis for CS130L
Based on a pre-defined weighted trend formula for chart analysis, CS130L scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2189.98||52wk High Date||2018-01-26|
|52wk Low||1781.94||52wk Low Date||2017-03-27|