Index Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
S&P PAN ASIA BMI ENERGY (US DOLLAR) (CME:SPAU10)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SPAU10
The long term trend has been UP since Mar 14th, 2019 at 386.00
The intermediate term trend has been UP since Mar 14th, 2019 at 386.00
The short term trend has been DOWN since Apr 22nd, 2019 at 387.63
Smart Scan Analysis for SPAU10
Based on a pre-defined weighted trend formula for chart analysis, SPAU10 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||443.14||52wk High Date||2018-01-29|
|52wk Low||364.93||52wk Low Date||2018-11-26|