Future Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
YEN DENOMINATED TOPIX Dec 2018 (E) (CME:TPY.Z18.E)
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 TPY.Z18.E
The long term trend has been DOWN since Oct 15th, 2018 at 1669.5
The intermediate term trend has been DOWN since Oct 10th, 2018 at 1728.5
The short term trend has been UP since Oct 31st, 2018 at 1612.0
Smart Scan Analysis for TPY.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, TPY.Z18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1826.5||Contract High Date||2018-10-01|
|Contract Low||1581.5||Contract Low Date||2018-10-26|
|Open Time||18:00||Close Time||17:00|