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Index Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

S&P/BOVESPA Momentum Index TR (CME:SPBRMBT)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_SPBRMBT
Open High Low SPBRMBT Price Change
29214.85 29285.17 28825.13 28936.97 -246.93
Entry Signal

MarketClub’s Trade Triangles for SPBRMBT

long term up The long term trend has been UP since Jan 2nd, 2019 at 22467.00

intermediate term up The intermediate term trend has been UP since May 22nd, 2019 at 24879.00

short term up The short term trend has been UP since Sep 12th, 2019 at 29051.99

Smart Scan Analysis for SPBRMBT

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

+90
Smart Scan Analysis for SPBRMBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29214.85 29285.17 28825.13 28936.97 -246.93
Prev. Close Volume Bid Ask Time
24884 0 2019-09-13 16:34:30
Want to analyze S&P/BOVESPA Momentum Index TR SPBRMBT or another symbol? Try our Free Index Trend Analysis Report.