Index Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
S&P China A 300 Index (CNY) (CME:SPC300)
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 SPC300
The long term trend has been UP since Apr 1st, 2019 at 3462.87
The intermediate term trend has been UP since Sep 3rd, 2019 at 3344.50
The short term trend has been DOWN since Sep 11th, 2019 at 3435.84
Smart Scan Analysis for SPC300
Based on a pre-defined weighted trend formula for chart analysis, SPC300 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3857.4||52wk High Date||2018-01-26|
|52wk Low||2655.34||52wk Low Date||2018-10-19|