Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
S&P LAC 40 (US$) (Net TR) (CME:SPLACNTR)
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 SPLACNTR
The long term trend has been UP since Jul 5th, 2019 at 6344.23
The intermediate term trend has been UP since May 30th, 2019 at 5960.98
The short term trend has been DOWN since Jul 15th, 2019 at 6419.95
Smart Scan Analysis for SPLACNTR
Based on a pre-defined weighted trend formula for chart analysis, SPLACNTR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6913.6||52wk High Date||2018-02-01|
|52wk Low||5113.48||52wk Low Date||2018-09-05|