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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

S&P Japan 500 Buyback Index Net TR (CME:SPJBJN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

CME_SPJBJN
Open High Low SPJBJN Price Change
215.95 216.62 215.95 216.24 +0.82
Entry Signal

MarketClub’s Trade Triangles for SPJBJN

long term up The long term trend has been UP since Sep 12th, 2019 at 201.69

intermediate term up The intermediate term trend has been UP since Sep 4th, 2019 at 190.14

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 215.98

Smart Scan Analysis for SPJBJN

Based on a pre-defined weighted trend formula for chart analysis, SPJBJN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SPJBJN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
215.95 216.62 215.95 216.24 +0.82
Prev. Close Volume Bid Ask Time
216.23 0 2019-12-05 20:29:12
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