Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
S&P BMI Emerging Markets High Beta Index (CME:SPEMHBI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since May 8th, 2019 at 1337.60
The intermediate term trend has been UP since Jun 10th, 2019 at 1273.54
The short term trend has been UP since Jul 15th, 2019 at 1333.93
Smart Scan Analysis for SPEMHBI
Based on a pre-defined weighted trend formula for chart analysis, SPEMHBI scored +60 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|