Index Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
S&P Asia Pacific Emerging BMI (US Dollar) (CME:SPCBMIRAEUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPCBMIRAEUSD
The long term trend has been DOWN since May 19th, 2019 at 281.66
The intermediate term trend has been DOWN since Jul 30th, 2019 at 290.43
The short term trend has been UP since Aug 16th, 2019 at 274.09
Smart Scan Analysis for SPCBMIRAEUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCBMIRAEUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||352.88||52wk High Date||2018-01-29|
|52wk Low||253.43||52wk Low Date||2018-10-30|