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Index Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

S&P Brazil ADR Index (CME:SBBCBAP)

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.

Open High Low SBBCBAP Price Change
125.73 126.35 125.73 126.09 +0.38
Entry Signal

MarketClub’s Trade Triangles for SBBCBAP

long term up The long term trend has been UP since Jul 5th, 2019 at 120.99

intermediate term up The intermediate term trend has been UP since May 30th, 2019 at 110.93

short term down The short term trend has been DOWN since Jul 15th, 2019 at 126.11

Smart Scan Analysis for SBBCBAP

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

Smart Scan Analysis for SBBCBAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.73 126.35 125.73 126.09 +0.38
Prev. Close Volume Bid Ask Time
108.18 0 2019-07-17 10:07:55
52wk High128.4452wk High Date2018-02-27
52wk Low82.0552wk Low Date2018-09-14
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