Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
S&P CITIC 300 - INFORMATION TECH (CME:SPC30045)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 Jun 11th, 2018 at 2654.08
The intermediate term trend has been UP since Nov 4th, 2018 at 1951.63
The short term trend has been UP since Nov 12th, 2018 at 1948.06
Smart Scan Analysis for SPC30045
Based on a pre-defined weighted trend formula for chart analysis, SPC30045 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3372.16||52wk High Date||2017-11-22|
|52wk Low||1724.31||52wk Low Date||2018-10-30|