Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
ENHANCED RAFI EMERGING MARKETS (EMEA EX) (CME:ERAEMESP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 ERAEMESP
The long term trend has been UP since May 22nd, 2019 at 851.58
The intermediate term trend has been UP since May 14th, 2019 at 824.78
The short term trend has been UP since May 14th, 2019 at 824.78
Smart Scan Analysis for ERAEMESP
Based on a pre-defined weighted trend formula for chart analysis, ERAEMESP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1040.53||52wk High Date||2018-01-25|
|52wk Low||723.5||52wk Low Date||2018-09-10|