Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_SPAU28
Open High Low SPAU28 Price Change
67.77 68.06 67.57 67.77 +0.21
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 Aug 1st, 2019 at 69.66

short term up The short term trend has been UP since Aug 19th, 2019 at 67.14

Smart Scan Analysis for SPAU28

Based on a pre-defined weighted trend formula for chart analysis, SPAU28 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPAU28
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.77 68.06 67.57 67.77 +0.21
Prev. Close Volume Bid Ask Time
67.09 0 2019-08-20 14:46:44
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.