Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
S&P DEVELOPED EX US CAP RNG COMP 2-5 BIL (CME:SPCRR2B5BRWUUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SPCRR2B5BRWUUSD
The long term trend has been DOWN since Jun 25th, 2018 at 463.42
The intermediate term trend has been DOWN since Aug 10th, 2018 at 456.88
The short term trend has been UP since Aug 19th, 2018 at 447.91
Smart Scan Analysis for SPCRR2B5BRWUUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCRR2B5BRWUUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||506.58||52wk High Date||2018-01-25|
|52wk Low||434.04||52wk Low Date||2017-08-21|