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Index Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

S&P CITIGROUP BMI MDLE EAST & AFRICA INDEX (CME:SPCBMIRMEUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_SPCBMIRMEUSD
Open High Low SPCBMIRMEUSD Price Change
235.63 243.08 234.31 238.98 -14.45
Entry Signal

MarketClub’s Trade Triangles for SPCBMIRMEUSD

long term down The long term trend has been DOWN since May 3rd, 2018 at 289.83

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2018 at 240.29

short term down The short term trend has been DOWN since Dec 6th, 2018 at 248.63

Smart Scan Analysis for SPCBMIRMEUSD

Based on a pre-defined weighted trend formula for chart analysis, SPCBMIRMEUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPCBMIRMEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
235.63 243.08 234.31 238.98 -14.45
Prev. Close Volume Bid Ask Time
253.43 0 2018-12-11 12:59:34
52wk High333.8752wk High Date2018-01-26
52wk Low225.5552wk Low Date2018-10-25
Want to analyze S&P CITIGROUP BMI MDLE EAST & AFRICA INDEX SPCBMIRMEUSD or another symbol? Try our Free Index Trend Analysis Report.