Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P Emerging Under USD2 Billion (US Dollar) (CME:SPCRU2BREMUSD)
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 SPCRU2BREMUSD
The long term trend has been DOWN since May 10th, 2019 at 255.97
The intermediate term trend has been UP since Sep 4th, 2019 at 254.79
The short term trend has been UP since Sep 20th, 2019 at 259.23
Smart Scan Analysis for SPCRU2BREMUSD
Based on a pre-defined weighted trend formula for chart analysis, SPCRU2BREMUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||326.19||52wk High Date||2018-01-29|
|52wk Low||232.71||52wk Low Date||2018-10-30|