Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
ENHANCED RAFI GLOBAL DEVELOPED TOTAL RETURN (CME:ERAGDEVT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 ERAGDEVT
The long term trend has been UP since Apr 13th, 2016 at 1556.86
The intermediate term trend has been UP since Apr 17th, 2018 at 2142.40
The short term trend has been DOWN since Apr 20th, 2018 at 2150.07
Smart Scan Analysis for ERAGDEVT
Based on a pre-defined weighted trend formula for chart analysis, ERAGDEVT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2281.07||52wk High Date||2018-01-29|
|52wk Low||1839.13||52wk Low Date||2017-05-18|