Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
RAE Fundamental Emerging Markets Total Return (CME:ERAEMLT)
Bear Market Rally (-75) - ERAEMLT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ERAEMLT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ERAEMLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERAEMLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ERAEMLT
The long-term trend has been DOWN since Feb 24th, 2022 at 3692.98
The intermediate-term trend has been DOWN since Apr 19th, 2022 at 3689.70
The short-term trend has been UP since May 17th, 2022 at 3379.99
Smart Scan Analysis for ERAEMLT
Based on our trend formula, ERAEMLT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3333.33||52wk High Date||2018-01-29|
|52wk Low||2546.02||52wk Low Date||2018-10-30|