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Index Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

BNY Mellon Developed Markets 100 ADR Index (CME:BKTDM)

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.

CME_BKTDM
Open High Low BKTDM Price Change
984.78 985.60 982.83 983.10 +5.83
Entry Signal

MarketClub’s Trade Triangles for BKTDM

long term down The long term trend has been DOWN since Aug 5th, 2019 at 985.35

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2019 at 1037.74

short term up The short term trend has been UP since Aug 19th, 2019 at 977.85

Smart Scan Analysis for BKTDM

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

-85
Smart Scan Analysis for BKTDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
984.78 985.60 982.83 983.10 +5.83
Prev. Close Volume Bid Ask Time
1005.44 0 2019-08-19 16:36:55
52wk High1213.3952wk High Date2018-01-25
52wk Low973.5452wk Low Date2018-10-26
Want to analyze BNY Mellon Developed Markets 100 ADR Index BKTDM or another symbol? Try our Free Index Trend Analysis Report.