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Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2019.

S&P China A 300 Telecommunication Services Index (CNY) (CME:SPC30050)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

CME_SPC30050
Open High Low SPC30050 Price Change
1510.90 1510.90 1510.68 1510.90 -15.59
Entry Signal

MarketClub’s Trade Triangles for SPC30050

long term up The long term trend has been UP since Sep 10th, 2019 at 1612.11

intermediate term down The intermediate term trend has been DOWN since Sep 23rd, 2019 at 1536.04

short term down The short term trend has been DOWN since Oct 22nd, 2019 at 1522.45

Smart Scan Analysis for SPC30050

Based on a pre-defined weighted trend formula for chart analysis, SPC30050 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SPC30050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1510.90 1510.90 1510.68 1510.90 -15.59
Prev. Close Volume Bid Ask Time
1522.50 0 2019-10-22 03:29:55
52wk High2296.4500000052wk High Date2017-12-04
52wk Low1361.3800000052wk Low Date2018-10-19
Want to analyze S&P China A 300 Telecommunication Services Index (CNY) SPC30050 or another symbol? Try our Free Index Trend Analysis Report.