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Index Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

S&P Eurozone BMI (US Dollar) (CME:SBBMEZU)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_SBBMEZU
Open High Low SBBMEZU Price Change
140.51 140.65 139.41 140.51 +0.48
Entry Signal

MarketClub’s Trade Triangles for SBBMEZU

long term down The long term trend has been DOWN since Aug 14th, 2019 at 130.05

intermediate term up The intermediate term trend has been UP since Oct 15th, 2019 at 139.04

short term up The short term trend has been UP since Oct 10th, 2019 at 135.14

Smart Scan Analysis for SBBMEZU

Based on a pre-defined weighted trend formula for chart analysis, SBBMEZU scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SBBMEZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.51 140.65 139.41 140.51 +0.48
Prev. Close Volume Bid Ask Time
132.93 0 2019-10-16 16:19:44
52wk High166.3000000052wk High Date2018-01-25
52wk Low127.4500000052wk Low Date2018-10-26
Want to analyze S&P Eurozone BMI (US Dollar) SBBMEZU or another symbol? Try our Free Index Trend Analysis Report.