Future Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
MSCI EMERGING MARKETS LATIN AMER (MINI) Jun 2017 (E) (NYBOT:MLE.M17.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MLE.M17.E
The long term trend has been DOWN since May 18th, 2017 at 2500.4
The intermediate term trend has been DOWN since May 18th, 2017 at 2577.5
The short term trend has been DOWN since Jun 9th, 2017 at 2543.9
Smart Scan Analysis for MLE.M17.E
Based on a pre-defined weighted trend formula for chart analysis, MLE.M17.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2749.2||Contract High Date||2017-05-15|
|Contract Low||2486.8||Contract Low Date||2017-05-22|