Index Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
Citi Price Momentum Pure Europe Index (CME:CIISPMEP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 CIISPMEP
The long term trend has been DOWN since Sep 11th, 2019 at 110.34
The intermediate term trend has been UP since Sep 30th, 2019 at 112.63
The short term trend has been DOWN since Oct 16th, 2019 at 113.31
Smart Scan Analysis for CIISPMEP
Based on a pre-defined weighted trend formula for chart analysis, CIISPMEP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||118.23000000||52wk High Date||2018-09-12|
|52wk Low||83.57000000||52wk Low Date||2017-12-01|