Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
WISDOMTREE EARNINGS 500 INDEX (CME:WTEPS)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 WTEPS
The long term trend has been UP since Nov 9th, 2016 at 297.88
The intermediate term trend has been DOWN since Aug 10th, 2017 at 342.48
The short term trend has been UP since Aug 16th, 2017 at 346.64
Smart Scan Analysis for WTEPS
Based on a pre-defined weighted trend formula for chart analysis, WTEPS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||349.37||52wk High Date||2017-08-08|
|52wk Low||286.51||52wk Low Date||2016-11-04|