Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
MORNINGSTAR SMALL CORE INDEX (CME:MSCR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MSCR
The long term trend has been UP since May 17th, 2018 at 6175.26
The intermediate term trend has been UP since Aug 7th, 2018 at 6362.25
The short term trend has been UP since Aug 16th, 2018 at 6320.43
Smart Scan Analysis for MSCR
Based on a pre-defined weighted trend formula for chart analysis, MSCR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6391.71||52wk High Date||2018-06-20|
|52wk Low||5327.74||52wk Low Date||2017-08-21|