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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

BNY MELLON EMERGING MARKETS 50 ADR INDEX (CME:BKTEM)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_BKTEM
Open High Low BKTEM Price Change
2384.26 2395.94 2368.14 2384.26 -40.18
Entry Signal

MarketClub’s Trade Triangles for BKTEM

long term down The long term trend has been DOWN since May 13th, 2019 at 2504.36

intermediate term down The intermediate term trend has been DOWN since Apr 25th, 2019 at 2638.23

short term down The short term trend has been DOWN since May 6th, 2019 at 2644.18

Smart Scan Analysis for BKTEM

Based on a pre-defined weighted trend formula for chart analysis, BKTEM scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BKTEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2384.26 2395.94 2368.14 2384.26 -40.18
Prev. Close Volume Bid Ask Time
2549.63 0 2019-05-23 16:20:03
52wk High3123.0552wk High Date2018-01-26
52wk Low2291.1752wk Low Date2018-10-29
Want to analyze BNY MELLON EMERGING MARKETS 50 ADR INDEX BKTEM or another symbol? Try our Free Index Trend Analysis Report.