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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

S&P China A 300 Materials Index (CNY) (CME:SPC30015)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_SPC30015
Open High Low SPC30015 Price Change
1438.29 1448.12 1438.29 1440.74 +2.45
Entry Signal

MarketClub’s Trade Triangles for SPC30015

long term down The long term trend has been DOWN since Jun 5th, 2019 at 1433.70

intermediate term down The intermediate term trend has been DOWN since Jul 14th, 2019 at 1472.13

short term up The short term trend has been UP since Aug 15th, 2019 at 1443.09

Smart Scan Analysis for SPC30015

Based on a pre-defined weighted trend formula for chart analysis, SPC30015 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPC30015
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1438.29 1448.12 1438.29 1440.74 +2.45
Prev. Close Volume Bid Ask Time
1487.2 0 2019-08-16 04:22:45
52wk High2101.5652wk High Date2018-01-08
52wk Low1309.8952wk Low Date2018-11-28
Want to analyze S&P China A 300 Materials Index (CNY) SPC30015 or another symbol? Try our Free Index Trend Analysis Report.