Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
S&P Europe 350 Low Volatility Index EUR (CME:SPEULVE)
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 SPEULVE
The long term trend has been UP since Aug 28th, 2019 at 251.67
The intermediate term trend has been DOWN since Dec 3rd, 2019 at 257.27
The short term trend has been UP since Dec 6th, 2019 at 259.79
Smart Scan Analysis for SPEULVE
Based on a pre-defined weighted trend formula for chart analysis, SPEULVE scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).