Index Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
S&P CITIC 300 - INFORMATION TECH (CME:SPC30045)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for SPC30045
The long term trend has been UP since Feb 12th, 2019 at 2068.85
The intermediate term trend has been UP since Jan 8th, 2019 at 1896.49
The short term trend has been DOWN since Mar 22nd, 2019 at 2518.55
Smart Scan Analysis for SPC30045
Based on a pre-defined weighted trend formula for chart analysis, SPC30045 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3161.68||52wk High Date||2018-03-12|
|52wk Low||1724.31||52wk Low Date||2018-10-30|