Index Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
ENHANCED RAFI GLOBAL DEVELOPED TOTAL RETURN (CME:ERAGDEVT)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 ERAGDEVT
The long term trend has been UP since Apr 13th, 2016 at 1556.86
The intermediate term trend has been DOWN since May 29th, 2018 at 2123.03
The short term trend has been DOWN since Jul 11th, 2018 at 2116.42
Smart Scan Analysis for ERAGDEVT
Based on a pre-defined weighted trend formula for chart analysis, ERAGDEVT scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2281.07||52wk High Date||2018-01-29|
|52wk Low||1915.12||52wk Low Date||2017-08-21|