Index Trend Analysis Report
Prepared for you on Monday, September 25, 2017.
S&P PAN ASIA DIVIDEND ARISTOCRATS INDEX (CME:SPDGPAUP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SPDGPAUP
The long term trend has been UP since Feb 5th, 2017 at 3025.23
The intermediate term trend has been DOWN since Sep 21st, 2017 at 3385.38
The short term trend has been DOWN since Sep 21st, 2017 at 3406.58
Smart Scan Analysis for SPDGPAUP
Based on a pre-defined weighted trend formula for chart analysis, SPDGPAUP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3429.63||52wk High Date||2017-09-11|
|52wk Low||2791.44||52wk Low Date||2016-12-23|