Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
S&P PAN ASIA BMI HOUSEHOLD & PERSONAL PR (CME:SPAU16)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 SPAU16
The long term trend has been UP since Mar 15th, 2017 at 284.07
The intermediate term trend has been UP since May 13th, 2018 at 420.78
The short term trend has been UP since May 18th, 2018 at 420.67
Smart Scan Analysis for SPAU16
Based on a pre-defined weighted trend formula for chart analysis, SPAU16 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||434.95||52wk High Date||2018-04-10|
|52wk Low||313.54||52wk Low Date||2017-07-11|