Index Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
S&P China A 300 Industrials Index (CNY) (CME:SPC30020)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.
MarketClub’s Trade Triangles for SPC30020
The long term trend has been DOWN since Jun 5th, 2019 at 2002.16
The intermediate term trend has been DOWN since Oct 23rd, 2019 at 2000.07
The short term trend has been DOWN since Dec 3rd, 2019 at 1977.71
Smart Scan Analysis for SPC30020
Based on a pre-defined weighted trend formula for chart analysis, SPC30020 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2649.07||52wk High Date||2018-01-26|
|52wk Low||1716.72||52wk Low Date||2018-10-19|