Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
WISDOMTREE EMERGING MARKETS EQUITY INCOME (CME:WTEMHY)
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 WTEMHY
The long term trend has been DOWN since May 3rd, 2018 at 207.84
The intermediate term trend has been DOWN since Dec 10th, 2018 at 183.12
The short term trend has been UP since Dec 12th, 2018 at 185.62
Smart Scan Analysis for WTEMHY
Based on a pre-defined weighted trend formula for chart analysis, WTEMHY scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||228.2||52wk High Date||2018-01-29|
|52wk Low||179.22||52wk Low Date||2018-10-29|