Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Citi Low Risk Pure Europe TR Index (CME:CIISLRET)
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.
MarketClub’s Trade Triangles for CIISLRET
The long term trend has been DOWN since Nov 4th, 2019 at 78.439
The intermediate term trend has been DOWN since Oct 21st, 2019 at 79.753
The short term trend has been UP since Nov 29th, 2019 at 78.079
Smart Scan Analysis for CIISLRET
Based on a pre-defined weighted trend formula for chart analysis, CIISLRET scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).