Index Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
S&P BMI WORLD EX US CONSUMER STAPLES (CME:SPCBMICQWU30USD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPCBMICQWU30USD
The long term trend has been DOWN since Feb 8th, 2018 at 146.26
The intermediate term trend has been DOWN since Aug 10th, 2018 at 147.00
The short term trend has been DOWN since Sep 24th, 2018 at 145.49
Smart Scan Analysis for SPCBMICQWU30USD
Based on a pre-defined weighted trend formula for chart analysis, SPCBMICQWU30USD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||157.62||52wk High Date||2018-01-25|
|52wk Low||141.64||52wk Low Date||2017-11-20|