Index Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
S&P PAN ASIA DIVIDEND ARISTOCRATS INDEX (CME:SPDGPAUP)
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 SPDGPAUP
The long term trend has been UP since Feb 3rd, 2019 at 3422.96
The intermediate term trend has been DOWN since May 5th, 2019 at 3533.05
The short term trend has been DOWN since May 5th, 2019 at 3542.86
Smart Scan Analysis for SPDGPAUP
Based on a pre-defined weighted trend formula for chart analysis, SPDGPAUP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3822.46||52wk High Date||2018-01-29|
|52wk Low||3143.64||52wk Low Date||2018-10-26|