Index Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
S&P Asia Property 40 Index (EURO) (CME:SPP4AEP)
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 SPP4AEP
The long term trend has been DOWN since Aug 4th, 2019 at 3614.10
The intermediate term trend has been UP since Sep 4th, 2019 at 3663.61
The short term trend has been DOWN since Sep 18th, 2019 at 3672.63
Smart Scan Analysis for SPP4AEP
Based on a pre-defined weighted trend formula for chart analysis, SPP4AEP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3706.01||52wk High Date||2018-01-10|
|52wk Low||3058.59||52wk Low Date||2018-10-12|