Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
JPX/S&P CAPEX & Human Capital Index NTR (CME:SPCHCJN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPCHCJN
The long term trend has been DOWN since Jun 2nd, 2019 at 1775.42
The intermediate term trend has been UP since Jun 11th, 2019 at 1836.19
The short term trend has been UP since Jun 18th, 2019 at 1822.89
Smart Scan Analysis for SPCHCJN
Based on a pre-defined weighted trend formula for chart analysis, SPCHCJN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).