Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
ENHANCED RAFI US SMALL TOTAL RETURN (CME:ERAUSST)
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 ERAUSST
The long term trend has been DOWN since Oct 5th, 2018 at 3697.56
The intermediate term trend has been DOWN since Sep 12th, 2018 at 3841.05
The short term trend has been DOWN since Nov 9th, 2018 at 3550.84
Smart Scan Analysis for ERAUSST
Based on a pre-defined weighted trend formula for chart analysis, ERAUSST scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3926.81||52wk High Date||2018-08-27|
|52wk Low||3238.26||52wk Low Date||2018-02-09|