Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
S&P PAN ASIA BMI HOUSEHOLD & PERSONAL PR (CME:SPAU16)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 SPAU16
The long term trend has been DOWN since Aug 8th, 2018 at 410.05
The intermediate term trend has been UP since Nov 15th, 2018 at 370.90
The short term trend has been UP since Dec 13th, 2018 at 383.54
Smart Scan Analysis for SPAU16
Based on a pre-defined weighted trend formula for chart analysis, SPAU16 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||450.87||52wk High Date||2018-06-13|
|52wk Low||339.58||52wk Low Date||2018-10-30|