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Index Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

BNY Mellon China Select ADR Index (CME:BKTCN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

CME_BKTCN
Open High Low BKTCN Price Change
4858.28 4912.41 4784.31 4786.41 -107.08
Entry Signal

MarketClub’s Trade Triangles for BKTCN

long term down The long term trend has been DOWN since May 17th, 2019 at 5129.25

intermediate term down The intermediate term trend has been DOWN since Jul 29th, 2019 at 5072.56

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 4946.83

Smart Scan Analysis for BKTCN

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

-100
Smart Scan Analysis for BKTCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4858.28 4912.41 4784.31 4786.41 -107.08
Prev. Close Volume Bid Ask Time
4867.85 0 2019-08-23 12:08:01
52wk High6834.2852wk High Date2018-01-26
52wk Low4574.3352wk Low Date2018-10-29
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