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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

S&P JAPAN MID-CAP 100 (CME:SPJMID)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPJMID
Open High Low SPJMID Price Change
1636.86 1642.46 1625.39 1626.74 -4.59
Entry Signal

MarketClub’s Trade Triangles for SPJMID

long term down The long term trend has been DOWN since May 10th, 2019 at 1630.37

intermediate term down The intermediate term trend has been DOWN since Apr 21st, 2019 at 1718.61

short term down The short term trend has been DOWN since May 20th, 2019 at 1630.35

Smart Scan Analysis for SPJMID

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

-100
Smart Scan Analysis for SPJMID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1636.86 1642.46 1625.39 1626.74 -4.59
Prev. Close Volume Bid Ask Time
1678.54 0 2019-05-22 03:00:37
52wk High2053.0452wk High Date2018-01-18
52wk Low1690.3552wk Low Date2018-10-26
Contract High0.0137Contract High Date2013-10-25
Contract Low0.0115Contract Low Date2013-10-24
Want to analyze S&P JAPAN MID-CAP 100 SPJMID or another symbol? Try our Free Index Trend Analysis Report.