Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

S&P Pan Asia BMI Automobiles & Components (US Dollar) (CME:SPAU1)

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_SPAU1
Open High Low SPAU1 Price Change
193.97 194.43 193.88 193.97 -0.19
Entry Signal

MarketClub’s Trade Triangles for SPAU1

long term up The long term trend has been UP since Sep 11th, 2019 at 185.02

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 186.46

short term down The short term trend has been DOWN since Nov 13th, 2019 at 195.11

Smart Scan Analysis for SPAU1

Based on a pre-defined weighted trend formula for chart analysis, SPAU1 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SPAU1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
193.97 194.43 193.88 193.97 -0.19
Prev. Close Volume Bid Ask Time
185.34 0 2019-11-15 16:20:04
52wk High246.6552wk High Date2018-01-24
52wk Low177.5252wk Low Date2018-10-29
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