Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
S&P CITIC 300 - INFORMATION TECH (CME:SPC30045)
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.
MarketClub’s Trade Triangles for SPC30045
The long term trend has been DOWN since Feb 1st, 2018 at 2854.96
The intermediate term trend has been DOWN since Jan 28th, 2018 at 2947.70
The short term trend has been UP since Feb 11th, 2018 at 2708.34
Smart Scan Analysis for SPC30045
Based on a pre-defined weighted trend formula for chart analysis, SPC30045 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3372.16||52wk High Date||2017-11-22|
|52wk Low||2127.01||52wk Low Date||2017-02-15|