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Index Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

S&P AFRICA 40 INDEX (USD) (CME:SPAFRUP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

CME_SPAFRUP
Open High Low SPAFRUP Price Change
158.19 162.10 158.19 161.02 +2.78
Entry Signal

MarketClub’s Trade Triangles for SPAFRUP

long term down The long term trend has been DOWN since May 29th, 2018 at 196.70

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 160.37

short term down The short term trend has been DOWN since Dec 6th, 2018 at 162.63

Smart Scan Analysis for SPAFRUP

Based on a pre-defined weighted trend formula for chart analysis, SPAFRUP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPAFRUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.19 162.10 158.19 161.02 +2.78
Prev. Close Volume Bid Ask Time
165.17 0 2018-12-12 16:20:01
52wk High222.9852wk High Date2018-01-25
52wk Low158.4252wk Low Date2018-11-14
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