Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
GLOBAL X SUPERDIVIDEND EMG MARKETS IOPV (PACF:SDEM.IV)
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 SDEM.IV
The long term trend has been DOWN since Apr 9th, 2018 at 16.2661
The intermediate term trend has been DOWN since Nov 26th, 2018 at 13.1344
The short term trend has been UP since Nov 28th, 2018 at 13.2597
Smart Scan Analysis for SDEM.IV
Based on a pre-defined weighted trend formula for chart analysis, SDEM.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||17.7615||52wk High Date||2018-01-25|
|52wk Low||12.6725||52wk Low Date||2018-10-26|