Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
ENHANCED RAFI US LARGE TOTAL RETURN (CME:ERAUSLT)
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 ERAUSLT
The long term trend has been UP since Nov 10th, 2016 at 243.64
The intermediate term trend has been DOWN since Oct 10th, 2018 at 323.51
The short term trend has been DOWN since Oct 18th, 2018 at 310.88
Smart Scan Analysis for ERAUSLT
Based on a pre-defined weighted trend formula for chart analysis, ERAUSLT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||330.32||52wk High Date||2018-09-21|
|52wk Low||279.44||52wk Low Date||2017-11-15|