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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

S&P ASIA 50 STOCK INDEX (CME:SPASIA50)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPASIA50
Open High Low SPASIA50 Price Change
4392.93 4414.43 4378.98 4392.97 -1.07
Entry Signal

MarketClub’s Trade Triangles for SPASIA50

long term down The long term trend has been DOWN since May 16th, 2019 at 4527.02

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 4796.67

short term down The short term trend has been DOWN since May 5th, 2019 at 4831.51

Smart Scan Analysis for SPASIA50

Based on a pre-defined weighted trend formula for chart analysis, SPASIA50 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPASIA50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4392.93 4414.43 4378.98 4392.97 -1.07
Prev. Close Volume Bid Ask Time
4566.96 0 2019-05-24 05:29:15
52wk High5615.252wk High Date2018-01-29
52wk Low4075.8952wk Low Date2018-10-26
Want to analyze S&P ASIA 50 STOCK INDEX SPASIA50 or another symbol? Try our Free Index Trend Analysis Report.