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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

S&P BRIC 40 USA UNDERLYING CASH (CME:SPBRIC)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPBRIC
Open High Low SPBRIC Price Change
2729.12 2733.45 2720.84 2729.12 +2.44
Entry Signal

MarketClub’s Trade Triangles for SPBRIC

long term down The long term trend has been DOWN since May 13th, 2019 at 2733.94

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 2906.87

short term down The short term trend has been DOWN since May 17th, 2019 at 2762.97

Smart Scan Analysis for SPBRIC

Based on a pre-defined weighted trend formula for chart analysis, SPBRIC scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPBRIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2729.12 2733.45 2720.84 2729.12 +2.44
Prev. Close Volume Bid Ask Time
2751.64 0 2019-05-22 07:30:21
52wk High3391.352wk High Date2018-01-29
52wk Low2441.0352wk Low Date2018-10-30
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