Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

S&P Pan Asia BMI Telecommunication Services Sector (US Dollar) (CME:SPAU28)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_SPAU28
Open High Low SPAU28 Price Change
67.60 67.97 67.50 67.78 +0.18
Entry Signal

MarketClub’s Trade Triangles for SPAU28

long term down The long term trend has been DOWN since May 20th, 2019 at 68.20

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 72.29

short term down The short term trend has been DOWN since Jun 12th, 2019 at 67.51

Smart Scan Analysis for SPAU28

Based on a pre-defined weighted trend formula for chart analysis, SPAU28 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SPAU28
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.60 67.97 67.50 67.78 +0.18
Prev. Close Volume Bid Ask Time
67.09 0 2019-06-16 23:15:09
52wk High75.5852wk High Date2018-01-29
52wk Low61.4752wk Low Date2018-10-30
Want to analyze S&P Pan Asia BMI Telecommunication Services Sector (US Dollar) SPAU28 or another symbol? Try our Free Index Trend Analysis Report.