Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

S&P/BOVESPA Inverse-Risk Weighted Index TR (CME:SPBRRWBT)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

CME_SPBRRWBT
Open High Low SPBRRWBT Price Change
23136 23864 22958 23136 -529
Entry Signal

MarketClub’s Trade Triangles for SPBRRWBT

long term up The long term trend has been UP since Jun 4th, 2019 at 21641

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2019 at 23335

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 23420

Smart Scan Analysis for SPBRRWBT

Based on a pre-defined weighted trend formula for chart analysis, SPBRRWBT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPBRRWBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23136 23864 22958 23136 -529
Prev. Close Volume Bid Ask Time
21174 0 2019-08-23 16:35:00
Want to analyze S&P/BOVESPA Inverse-Risk Weighted Index TR SPBRRWBT or another symbol? Try our Free Index Trend Analysis Report.