Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
S&P BRIC 40 INDEX NET TRUST (CME:SPBRICNTR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for SPBRICNTR
The long term trend has been DOWN since Jun 19th, 2018 at 4200.28
The intermediate term trend has been UP since Nov 1st, 2018 at 3863.40
The short term trend has been UP since Dec 12th, 2018 at 3817.54
Smart Scan Analysis for SPBRICNTR
Based on a pre-defined weighted trend formula for chart analysis, SPBRICNTR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4860.61||52wk High Date||2018-01-29|
|52wk Low||3587.91||52wk Low Date||2018-10-30|