Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
S&P BRICT INDEX (CME:SPBRCTUP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for SPBRCTUP
The long term trend has been UP since Jan 11th, 2019 at 5379.20
The intermediate term trend has been UP since Mar 13th, 2019 at 5633.21
The short term trend has been DOWN since Mar 21st, 2019 at 5765.66
Smart Scan Analysis for SPBRCTUP
Based on a pre-defined weighted trend formula for chart analysis, SPBRCTUP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6424.24||52wk High Date||2018-01-29|
|52wk Low||4778.48||52wk Low Date||2018-09-11|