Index Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
S&P Pan Asia Low Volatility Index (CME:SPPALV)
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 SPPALV
The long term trend has been UP since Jan 25th, 2019 at 2390.90
The intermediate term trend has been UP since Jun 3rd, 2019 at 2447.03
The short term trend has been DOWN since Jul 22nd, 2019 at 2558.56
Smart Scan Analysis for SPPALV
Based on a pre-defined weighted trend formula for chart analysis, SPPALV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2489.41||52wk High Date||2018-01-29|
|52wk Low||2242.3||52wk Low Date||2018-10-26|