Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
GLOBAL LISTED PRIVATE EQUITY INDEX (CME:GLPEX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 GLPEX
The long term trend has been UP since Jun 14th, 2018 at 1097.96
The intermediate term trend has been UP since Jul 12th, 2018 at 1104.83
The short term trend has been DOWN since Aug 13th, 2018 at 1124.39
Smart Scan Analysis for GLPEX
Based on a pre-defined weighted trend formula for chart analysis, GLPEX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1137.77||52wk High Date||2018-08-10|
|52wk Low||1001.65||52wk Low Date||2017-08-29|