Index Trend Analysis Report
Prepared for you on Saturday, May 26, 2018.
MORNINGSTAR SMALL CORE INDEX (CME:MSCR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 MSCR
The long term trend has been UP since May 17th, 2018 at 6175.26
The intermediate term trend has been UP since Apr 16th, 2018 at 5964.19
The short term trend has been DOWN since May 23rd, 2018 at 6157.40
Smart Scan Analysis for MSCR
Based on a pre-defined weighted trend formula for chart analysis, MSCR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6310.87||52wk High Date||2018-01-24|
|52wk Low||5318.86||52wk Low Date||2017-08-18|