Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
S&P CIVETS 60 INDEX TRUST (CME:SPCIVET60TR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 SPCIVET60TR
The long term trend has been UP since Dec 3rd, 2018 at 877.23
The intermediate term trend has been UP since Nov 2nd, 2018 at 833.20
The short term trend has been DOWN since Dec 6th, 2018 at 862.00
Smart Scan Analysis for SPCIVET60TR
Based on a pre-defined weighted trend formula for chart analysis, SPCIVET60TR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1114.83||52wk High Date||2018-01-26|
|52wk Low||778.8||52wk Low Date||2018-10-25|