Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
S&P EUROZONE BMI (US DOLLAR) (CME:SBBMEZU)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SBBMEZU
The long term trend has been UP since Jan 4th, 2017 at 120.93
The intermediate term trend has been DOWN since Nov 9th, 2017 at 150.85
The short term trend has been DOWN since Dec 14th, 2017 at 151.91
Smart Scan Analysis for SBBMEZU
Based on a pre-defined weighted trend formula for chart analysis, SBBMEZU scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||154.04||52wk High Date||2017-11-01|
|52wk Low||116.83||52wk Low Date||2016-12-15|