Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
S&P CIVETS 60 INDEX TRUST (CME:SPCIVET60TR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Apr 25th, 2018 at 1008.52
The intermediate term trend has been DOWN since Oct 4th, 2018 at 813.12
The short term trend has been UP since Oct 14th, 2018 at 813.42
Smart Scan Analysis for SPCIVET60TR
Based on a pre-defined weighted trend formula for chart analysis, SPCIVET60TR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1114.83||52wk High Date||2018-01-26|
|52wk Low||780.15||52wk Low Date||2018-10-11|