Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
S&P BRIC 40 INDEX NET TRUST (CME:SPBRICNTR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 SPBRICNTR
The long term trend has been UP since Feb 8th, 2017 at 3111.78
The intermediate term trend has been UP since Jul 11th, 2017 at 3447.32
The short term trend has been UP since Nov 16th, 2017 at 4103.67
Smart Scan Analysis for SPBRICNTR
Based on a pre-defined weighted trend formula for chart analysis, SPBRICNTR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4254.52||52wk High Date||2017-11-21|
|52wk Low||2826.17||52wk Low Date||2016-12-23|