Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
S&P KOREA CORPORATE GROUP SERIES 2 KRW (CME:SP2KCGKP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SP2KCGKP
The long term trend has been DOWN since Jun 19th, 2018 at 1566.75
The intermediate term trend has been DOWN since May 23rd, 2018 at 1693.24
The short term trend has been DOWN since Jun 13th, 2018 at 1623.20
Smart Scan Analysis for SP2KCGKP
Based on a pre-defined weighted trend formula for chart analysis, SP2KCGKP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1807.81||52wk High Date||2017-07-04|
|52wk Low||1464.6||52wk Low Date||2017-09-14|