Index Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
S&P EUROPE 350 - Telecommunication Services (Sector ) (CME:SPE350-50)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SPE350-50
The long term trend has been DOWN since Feb 8th, 2019 at 961.85
The intermediate term trend has been UP since Jun 10th, 2019 at 990.77
The short term trend has been DOWN since Jun 14th, 2019 at 989.64
Smart Scan Analysis for SPE350-50
Based on a pre-defined weighted trend formula for chart analysis, SPE350-50 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1207.51||52wk High Date||2017-12-08|
|52wk Low||958.56||52wk Low Date||2018-10-26|