Index Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
S&P BMI Emerging Markets High Beta Index (CME:SPEMHBI)
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 SPEMHBI
The long term trend has been UP since Nov 4th, 2019 at 1355.15
The intermediate term trend has been DOWN since Jan 24th, 2020 at 1416.78
The short term trend has been UP since Feb 4th, 2020 at 1334.37
Smart Scan Analysis for SPEMHBI
Based on a pre-defined weighted trend formula for chart analysis, SPEMHBI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1743.27||52wk High Date||2018-01-29|
|52wk Low||1157.31||52wk Low Date||2018-10-30|