Index Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
S&P EUROPE 350 (CME:SPE350)
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 SPE350
The long term trend has been UP since Oct 17th, 2019 at 1595.75
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 1614.60
The short term trend has been UP since Dec 6th, 2019 at 1634.54
Smart Scan Analysis for SPE350
Based on a pre-defined weighted trend formula for chart analysis, SPE350 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1632.2||52wk High Date||2018-01-23|
|52wk Low||1410.31||52wk Low Date||2018-10-26|