Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
JPX/S&P CAPEX & Human Capital Index TR (CME:SPCHCJT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SPCHCJT
The long term trend has been DOWN since Jun 2nd, 2019 at 1877.22
The intermediate term trend has been UP since Jun 11th, 2019 at 1941.46
The short term trend has been DOWN since Jun 12th, 2019 at 1918.65
Smart Scan Analysis for SPCHCJT
Based on a pre-defined weighted trend formula for chart analysis, SPCHCJT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).