Index Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
S&P Korea Corporate Group Index Series 2 Cluster (USD) (CME:SP2KCGUP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SP2KCGUP
The long term trend has been UP since Aug 16th, 2019 at 1318.90
The intermediate term trend has been DOWN since Oct 2nd, 2019 at 1209.93
The short term trend has been UP since Oct 10th, 2019 at 1218.93
Smart Scan Analysis for SP2KCGUP
Based on a pre-defined weighted trend formula for chart analysis, SP2KCGUP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1529.78000000||52wk High Date||2018-05-14|
|52wk Low||1005.09000000||52wk Low Date||2018-11-23|
|Contract High||3.06000000||Contract High Date||2013-10-23|
|Contract Low||3.06000000||Contract Low Date||2013-10-23|