Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

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

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.

CME_SPAFRUP
Open High Low SPAFRUP Price Change
186.61 189.89 0.00 189.66 +3.30
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 May 23rd, 2018 at 204.58

short term down The short term trend has been DOWN since Jun 7th, 2018 at 200.84

Smart Scan Analysis for SPAFRUP

Based on a pre-defined weighted trend formula for chart analysis, SPAFRUP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPAFRUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
186.61 189.89 0.00 189.66 +3.30
Prev. Close Volume Bid Ask Time
189.37 0 2018-06-22 16:18:31
52wk High222.9852wk High Date2018-01-25
52wk Low171.3652wk Low Date2017-06-22
Want to analyze S&P AFRICA 40 INDEX (USD) SPAFRUP or another symbol? Try our Free Index Trend Analysis Report.