Index Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
S&P ISRAEL BMI CAPPED VALUE LCL (CME:SPBIVIP)
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 SPBIVIP
The long term trend has been DOWN since Dec 24th, 2018 at 112.26
The intermediate term trend has been UP since Jan 21st, 2019 at 111.29
The short term trend has been UP since Feb 13th, 2019 at 114.16
Smart Scan Analysis for SPBIVIP
Based on a pre-defined weighted trend formula for chart analysis, SPBIVIP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||122.45||52wk High Date||2018-11-12|
|52wk Low||102.87||52wk Low Date||2018-04-08|