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Index Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

S&P TSX EQUAL WEIGHT GLOBAL BASE METAL (TSE:TXBE)

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.

TSE_TXBE
Open High Low TXBE Price Change
190.41 192.23 190.41 191.58 +2.85
Entry Signal

MarketClub’s Trade Triangles for TXBE

long term down The long term trend has been DOWN since Feb 9th, 2018 at 202.90

intermediate term down The intermediate term trend has been DOWN since May 28th, 2018 at 198.74

short term up The short term trend has been UP since Jul 17th, 2018 at 192.00

Smart Scan Analysis for TXBE

Based on a pre-defined weighted trend formula for chart analysis, TXBE scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TXBE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.41 192.23 190.41 191.58 +2.85
Prev. Close Volume Bid Ask Time
188.73 53250242 2018-07-17 16:35:54
52wk High238.0852wk High Date2018-01-15
52wk Low184.6352wk Low Date2017-07-21
Want to analyze S&P TSX EQUAL WEIGHT GLOBAL BASE METAL TXBE or another symbol? Try our Free Index Trend Analysis Report.