Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
S&P Pan Asia BMI Consumer Staples (US Dollar) (CME:SPAU8)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since May 9th, 2019 at 215.42
The intermediate term trend has been UP since Jun 11th, 2019 at 216.97
The short term trend has been UP since Jul 19th, 2019 at 220.53
Smart Scan Analysis for SPAU8
Based on a pre-defined weighted trend formula for chart analysis, SPAU8 scored +60 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|