Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P CIVETS 60 Index (CME:SPCIVET60)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SPCIVET60
The long term trend has been DOWN since May 8th, 2019 at 666.66
The intermediate term trend has been UP since Oct 22nd, 2019 at 665.51
The short term trend has been UP since Nov 18th, 2019 at 668.63
Smart Scan Analysis for SPCIVET60
Based on a pre-defined weighted trend formula for chart analysis, SPCIVET60 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||848.81||52wk High Date||2018-01-26|
|52wk Low||579.29||52wk Low Date||2018-10-25|