Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Morningstar Small Value Total Return Index (CME:MSVLT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 MSVLT
The long term trend has been DOWN since May 23rd, 2019 at 7114.65
The intermediate term trend has been UP since Jun 18th, 2019 at 7150.45
The short term trend has been DOWN since Jul 10th, 2019 at 7240.66
Smart Scan Analysis for MSVLT
Based on a pre-defined weighted trend formula for chart analysis, MSVLT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8211.18||52wk High Date||2018-08-21|
|52wk Low||7088.22||52wk Low Date||2018-10-24|