Index Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
S&P EURO 75 EUR (NET TRUST) (CME:SPEL75EN)
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 SPEL75EN
The long term trend has been DOWN since Feb 6th, 2018 at 141.01
The intermediate term trend has been DOWN since Oct 8th, 2018 at 136.56
The short term trend has been UP since Oct 17th, 2018 at 133.38
Smart Scan Analysis for SPEL75EN
Based on a pre-defined weighted trend formula for chart analysis, SPEL75EN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||151.25||52wk High Date||2018-01-23|
|52wk Low||130.17||52wk Low Date||2018-10-15|