Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
SGI GLOBAL ENVIRONMENT (USD) (CME:WEXPD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 WEXPD
The long term trend has been DOWN since Feb 8th, 2018 at 1162.20
The intermediate term trend has been DOWN since Dec 7th, 2018 at 1075.87
The short term trend has been UP since Dec 12th, 2018 at 1071.79
Smart Scan Analysis for WEXPD
Based on a pre-defined weighted trend formula for chart analysis, WEXPD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1257.26||52wk High Date||2018-01-24|
|52wk Low||1030.09||52wk Low Date||2018-10-26|