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Index Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

S&P PAN ASIA BMI TRANS (US DOLL) (CME:SPAU29)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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_SPAU29
Open High Low SPAU29 Price Change
179.61 180.09 0.00 179.81 +0.06
Entry Signal

MarketClub’s Trade Triangles for SPAU29

long term down The long term trend has been DOWN since Jul 2nd, 2018 at 190.63

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 184.71

short term up The short term trend has been UP since Oct 17th, 2018 at 179.75

Smart Scan Analysis for SPAU29

Based on a pre-defined weighted trend formula for chart analysis, SPAU29 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPAU29
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.61 180.09 0.00 179.81 +0.06
Prev. Close Volume Bid Ask Time
179.75 0 2018-10-18 16:18:39
52wk High208.3352wk High Date2018-01-25
52wk Low176.6552wk Low Date2018-10-16
Want to analyze S&P PAN ASIA BMI TRANS (US DOLL) SPAU29 or another symbol? Try our Free Index Trend Analysis Report.