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Index Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.

CME_SPCBMICQWU55USD
Open High Low SPCBMICQWU55USD Price Change
53.18 53.27 52.86 53.18 +0.02
Entry Signal

MarketClub’s Trade Triangles for SPCBMICQWU55USD

long term up The long term trend has been UP since Jan 8th, 2019 at 52.48

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 52.36

short term down The short term trend has been DOWN since Jan 14th, 2019 at 53.19

Smart Scan Analysis for SPCBMICQWU55USD

Based on a pre-defined weighted trend formula for chart analysis, SPCBMICQWU55USD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SPCBMICQWU55USD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.18 53.27 52.86 53.18 +0.02
Prev. Close Volume Bid Ask Time
52.36 0 2019-01-15 16:19:45
52wk High56.2552wk High Date2017-12-06
52wk Low49.2852wk Low Date2018-10-26
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