Index Trend Analysis Report
Prepared for you on Wednesday, September 26, 2018.
S&P CITIGROUP BMI ASIA PACIFIC EMERGING INDEX (CME:SPCBMIRAEUSD)
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 SPCBMIRAEUSD
The long term trend has been DOWN since Apr 25th, 2018 at 316.44
The intermediate term trend has been DOWN since Aug 12th, 2018 at 300.27
The short term trend has been DOWN since Sep 24th, 2018 at 290.87
Smart Scan Analysis for SPCBMIRAEUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCBMIRAEUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||352.88||52wk High Date||2018-01-29|
|52wk Low||281.37||52wk Low Date||2018-09-12|