Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
S&P KOREA CORPORATE GROUP SERIES 2 KRW (CME:SP2KCGKP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Jul 22nd, 2018 at 1523.28
The short term trend has been DOWN since Aug 12th, 2018 at 1559.32
Smart Scan Analysis for SP2KCGKP
Based on a pre-defined weighted trend formula for chart analysis, SP2KCGKP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1771.34||52wk High Date||2018-05-02|
|52wk Low||1402.23||52wk Low Date||2018-07-05|