Index Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
S&P Southeast Asia 40 Index (CME:SPSEA4DP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPSEA4DP
The long term trend has been DOWN since Oct 2nd, 2019 at 508.30
The intermediate term trend has been DOWN since Oct 1st, 2019 at 512.32
The short term trend has been UP since Oct 8th, 2019 at 506.28
Smart Scan Analysis for SPSEA4DP
Based on a pre-defined weighted trend formula for chart analysis, SPSEA4DP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||591.70000000||52wk High Date||2018-01-29|
|52wk Low||466.94000000||52wk Low Date||2018-10-25|