Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
ENHANCED RAFI GLOBAL DEVELOPED NORTH AME (CME:ERAGDNT)
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 ERAGDNT
The long term trend has been UP since Jul 13th, 2017 at 1354.13
The intermediate term trend has been UP since Jul 9th, 2018 at 1563.05
The short term trend has been DOWN since Aug 15th, 2018 at 1588.27
Smart Scan Analysis for ERAGDNT
Based on a pre-defined weighted trend formula for chart analysis, ERAGDNT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1622.73||52wk High Date||2018-01-29|
|52wk Low||1336.93||52wk Low Date||2017-08-21|