Index Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
RA EMERGING MARKETS LOW VOLATILITY EQUITY (CME:RALIEMAP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 RALIEMAP
The long term trend has been DOWN since May 29th, 2018 at 109.7
The intermediate term trend has been DOWN since Oct 7th, 2018 at 105.1
The short term trend has been UP since Oct 16th, 2018 at 102.5
Smart Scan Analysis for RALIEMAP
Based on a pre-defined weighted trend formula for chart analysis, RALIEMAP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||120.87||52wk High Date||2018-01-29|
|52wk Low||100.51||52wk Low Date||2018-10-11|