Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
ENHANCED RAFI EMERGING MARKETS (LATIN AM) (CME:ERAEMLAT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 ERAEMLAT
The long term trend has been DOWN since Nov 14th, 2017 at 1831.58
The intermediate term trend has been UP since Nov 29th, 2017 at 1983.59
The short term trend has been DOWN since Dec 15th, 2017 at 1892.30
Smart Scan Analysis for ERAEMLAT
Based on a pre-defined weighted trend formula for chart analysis, ERAEMLAT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2528.65||52wk High Date||2017-08-16|
|52wk Low||1429.71||52wk Low Date||2016-12-22|