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Index Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

BNY Mellon China Select ADR Index (CME:BKTCN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

CME_BKTCN
Open High Low BKTCN Price Change
5656.22 5676.56 5612.62 5624.29 -16.24
Entry Signal

MarketClub’s Trade Triangles for BKTCN

long term up The long term trend has been UP since Nov 1st, 2019 at 5197.24

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 5648.55

short term down The short term trend has been DOWN since Jan 21st, 2020 at 5994.19

Smart Scan Analysis for BKTCN

Based on a pre-defined weighted trend formula for chart analysis, BKTCN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BKTCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5656.22 5676.56 5612.62 5624.29 -16.24
Prev. Close Volume Bid Ask Time
5949.21 0 2020-01-29 10:09:16
52wk High6834.2852wk High Date2018-01-26
52wk Low4574.3352wk Low Date2018-10-29
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