Index Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
S&P Pan Asia Dividend Aristocrats Index (CME:SPDGPAUP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SPDGPAUP
The long term trend has been UP since Feb 3rd, 2019 at 3422.96
The intermediate term trend has been UP since Jun 9th, 2019 at 3463.48
The short term trend has been DOWN since Jul 17th, 2019 at 3588.18
Smart Scan Analysis for SPDGPAUP
Based on a pre-defined weighted trend formula for chart analysis, SPDGPAUP scored +85 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|