Index Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
SGI WISE ASIA EX-JAPAN TOP (CME:SGIXWAT)
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 SGIXWAT
The long term trend has been UP since Jan 25th, 2017 at 97.323
The intermediate term trend has been UP since Dec 19th, 2017 at 120.007
The short term trend has been DOWN since Jan 18th, 2018 at 129.566
Smart Scan Analysis for SGIXWAT
Based on a pre-defined weighted trend formula for chart analysis, SGIXWAT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||132.595||52wk High Date||2018-01-15|
|52wk Low||96.13||52wk Low Date||2017-02-01|