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Index Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_SPBRRWBT
Open High Low SPBRRWBT Price Change
30086.13 30324.31 30046.94 30318.48 +236.31
Entry Signal

MarketClub’s Trade Triangles for SPBRRWBT

long term up The long term trend has been UP since Oct 21st, 2019 at 24659.00

intermediate term up The intermediate term trend has been UP since Sep 12th, 2019 at 24050.75

short term up The short term trend has been UP since Nov 21st, 2019 at 25245.94

Smart Scan Analysis for SPBRRWBT

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

+100
Smart Scan Analysis for SPBRRWBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30086.13 30324.31 30046.94 30318.48 +236.31
Prev. Close Volume Bid Ask Time
29441.09 0 2020-01-17 18:25:53
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