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Index Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

S&P BMI WORLD INDEX UTIL (CME:SPCBMICQWU55USD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

CME_SPCBMICQWU55USD
Open High Low SPCBMICQWU55USD Price Change
51.34 0.00 51.15 51.19 -0.36
Entry Signal

MarketClub’s Trade Triangles for SPCBMICQWU55USD

long term down The long term trend has been DOWN since Dec 22nd, 2017 at 53.07

intermediate term down The intermediate term trend has been DOWN since Feb 2nd, 2018 at 53.48

short term down The short term trend has been DOWN since Feb 20th, 2018 at 51.51

Smart Scan Analysis for SPCBMICQWU55USD

Based on a pre-defined weighted trend formula for chart analysis, SPCBMICQWU55USD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPCBMICQWU55USD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.34 0.00 51.15 51.19 -0.36
Prev. Close Volume Bid Ask Time
51.55 0 2018-02-21 04:09:00
52wk High56.3352wk High Date2017-09-08
52wk Low46.7152wk Low Date2017-02-20
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