Index Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
S&P BMI WORLD EX US CONSUMER STAPLES (CME:SPCBMICQWU30USD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SPCBMICQWU30USD
The long term trend has been DOWN since Feb 8th, 2018 at 146.26
The intermediate term trend has been DOWN since Dec 6th, 2018 at 136.42
The short term trend has been UP since Jan 17th, 2019 at 134.76
Smart Scan Analysis for SPCBMICQWU30USD
Based on a pre-defined weighted trend formula for chart analysis, SPCBMICQWU30USD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||157.62||52wk High Date||2018-01-25|
|52wk Low||135.06||52wk Low Date||2018-10-30|