Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
S&P EURO 75 EUR (NET TRUST) (CME:SPEL75EN)
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 SPEL75EN
The long term trend has been UP since Sep 25th, 2017 at 143.20
The intermediate term trend has been DOWN since Nov 13th, 2017 at 144.12
The short term trend has been DOWN since Nov 7th, 2017 at 147.57
Smart Scan Analysis for SPEL75EN
Based on a pre-defined weighted trend formula for chart analysis, SPEL75EN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||148.96||52wk High Date||2017-11-01|
|52wk Low||114.81||52wk Low Date||2016-12-02|