Future Trend Analysis Report
Prepared for you on Sunday, May 28, 2017.
USD-DENOMINATED IBOVESPA Jun 2017 (E) (CME:IBV.M17.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 IBV.M17.E
The long term trend has been DOWN since May 18th, 2017 at 62830
The intermediate term trend has been DOWN since May 18th, 2017 at 64900
The short term trend has been UP since May 24th, 2017 at 63840
Smart Scan Analysis for IBV.M17.E
Based on a pre-defined weighted trend formula for chart analysis, IBV.M17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||69295||Contract High Date||2017-05-16|
|Contract Low||61215||Contract Low Date||2017-05-18|
|Open Time||08:15||Close Time||17:00|