Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
S&P PAN ASIA BMI CONSUMER STAPLES (US DO) (CME:SPAU8)
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.
MarketClub’s Trade Triangles for SPAU8
The long term trend has been UP since Feb 24th, 2019 at 222.66
The intermediate term trend has been UP since Jan 6th, 2019 at 218.32
The short term trend has been DOWN since Mar 24th, 2019 at 223.21
Smart Scan Analysis for SPAU8
Based on a pre-defined weighted trend formula for chart analysis, SPAU8 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||246.56||52wk High Date||2018-06-13|
|52wk Low||206.87||52wk Low Date||2018-10-30|