Index Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
S&P EUROZONE BMI (US DOLLAR) (CME:SBBMEZU)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SBBMEZU
The long term trend has been UP since Jan 4th, 2017 at 120.93
The intermediate term trend has been DOWN since Aug 11th, 2017 at 143.66
The short term trend has been DOWN since Aug 18th, 2017 at 145.48
Smart Scan Analysis for SBBMEZU
Based on a pre-defined weighted trend formula for chart analysis, SBBMEZU scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||148.27||52wk High Date||2017-08-08|
|52wk Low||111.65||52wk Low Date||2016-12-05|