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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

S&P CITIC CHINA 30 INDEX (CME:SPCRD30)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPCRD30
Open High Low SPCRD30 Price Change
3719.04 3761.23 3719.04 3726.77 +7.59
Entry Signal

MarketClub’s Trade Triangles for SPCRD30

long term down The long term trend has been DOWN since May 17th, 2019 at 3867.29

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 4152.08

short term down The short term trend has been DOWN since May 2nd, 2019 at 4172.48

Smart Scan Analysis for SPCRD30

Based on a pre-defined weighted trend formula for chart analysis, SPCRD30 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPCRD30
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3719.04 3761.23 3719.04 3726.77 +7.59
Prev. Close Volume Bid Ask Time
3885.48 0 2019-05-24 04:28:21
52wk High5012.1952wk High Date2018-01-29
52wk Low3362.5252wk Low Date2018-10-30
Want to analyze S&P CITIC CHINA 30 INDEX SPCRD30 or another symbol? Try our Free Index Trend Analysis Report.