Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P Emerging Market Dividend Opportunities Index (NTR) (CME:SPGTEDUN)
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 SPGTEDUN
The long term trend has been UP since Nov 4th, 2019 at 3835.97
The intermediate term trend has been DOWN since Nov 14th, 2019 at 3775.35
The short term trend has been UP since Nov 18th, 2019 at 3798.66
Smart Scan Analysis for SPGTEDUN
Based on a pre-defined weighted trend formula for chart analysis, SPGTEDUN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4080.57||52wk High Date||2018-02-27|
|52wk Low||3270.5||52wk Low Date||2018-10-25|