Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
S&P BMI Emerging Markets Low Volatility USD Hedged Index (CME:SPELVHUP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SPELVHUP
The long term trend has been UP since Nov 5th, 2019 at 1612.35
The intermediate term trend has been DOWN since Nov 29th, 2019 at 1594.37
The short term trend has been UP since Dec 5th, 2019 at 1587.15
Smart Scan Analysis for SPELVHUP
Based on a pre-defined weighted trend formula for chart analysis, SPELVHUP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).