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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

SCOTIA HIGH YIELDING EQUITY INDEX (CME:SCHYE)

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.

CME_SCHYE
Open High Low SCHYE Price Change
928.03 928.03 923.02 928.03 +5.01
Entry Signal

MarketClub’s Trade Triangles for SCHYE

long term up The long term trend has been UP since Feb 20th, 2019 at 891.65

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 812.67

short term down The short term trend has been DOWN since Apr 16th, 2019 at 931.26

Smart Scan Analysis for SCHYE

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

+85
Smart Scan Analysis for SCHYE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
928.03 928.03 923.02 928.03 +5.01
Prev. Close Volume Bid Ask Time
886.58 0 2019-04-18 16:20:02
52wk High987.8952wk High Date2017-12-06
52wk Low843.7152wk Low Date2018-11-27
Want to analyze SCOTIA HIGH YIELDING EQUITY INDEX SCHYE or another symbol? Try our Free Index Trend Analysis Report.