Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
ENHANCED RAFI EMERGING MARKETS (EMEA EX) (CME:ERAEMESP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 Dec 18th, 2018 at 809.98
The intermediate term trend has been UP since Apr 17th, 2019 at 836.61
The short term trend has been UP since Apr 8th, 2019 at 834.73
Smart Scan Analysis for ERAEMESP
Based on a pre-defined weighted trend formula for chart analysis, ERAEMESP scored +70 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|