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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

ENHANCED RAFI EMERGING MARKETS (NORTH AM) (CME:ERAEMNAP)

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.

CME_ERAEMNAP
Open High Low ERAEMNAP Price Change
1396.23 1406.26 1388.42 1389.81 -6.42
Entry Signal

MarketClub’s Trade Triangles for ERAEMNAP

long term down The long term trend has been DOWN since May 7th, 2019 at 1444.88

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2019 at 1481.55

short term up The short term trend has been UP since May 21st, 2019 at 1378.85

Smart Scan Analysis for ERAEMNAP

Based on a pre-defined weighted trend formula for chart analysis, ERAEMNAP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ERAEMNAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1396.23 1406.26 1388.42 1389.81 -6.42
Prev. Close Volume Bid Ask Time
1539.69 0 2019-05-24 16:35:04
52wk High1681.5952wk High Date2018-01-26
52wk Low1209.6252wk Low Date2018-09-11
Want to analyze ENHANCED RAFI EMERGING MARKETS (NORTH AM) ERAEMNAP or another symbol? Try our Free Index Trend Analysis Report.