Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P PAN ASIA BMI TELECOM SERVICES (CME:SPAU28B)
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 SPAU28B
The long term trend has been UP since Aug 7th, 2018 at 71.04
The intermediate term trend has been DOWN since Oct 8th, 2018 at 71.27
The short term trend has been UP since Oct 16th, 2018 at 69.86
Smart Scan Analysis for SPAU28B
Based on a pre-defined weighted trend formula for chart analysis, SPAU28B scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||75.58||52wk High Date||2018-01-29|
|52wk Low||65.52||52wk Low Date||2018-07-03|