Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
S&P DEVELOPED EX US CAP RNG COMP 2-5 BIL (CME:SPCRR2B5BRWUUSD)
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 SPCRR2B5BRWUUSD
The long term trend has been UP since Jan 25th, 2017 at 390.43
The intermediate term trend has been DOWN since Feb 4th, 2018 at 490.59
The short term trend has been UP since Feb 14th, 2018 at 465.42
Smart Scan Analysis for SPCRR2B5BRWUUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCRR2B5BRWUUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||506.58||52wk High Date||2018-01-25|
|52wk Low||392.37||52wk Low Date||2017-03-09|