Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P Southeast Asia 40 Index (EURO) (CME:SPSEA4EP)
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 SPSEA4EP
The long term trend has been UP since Jun 18th, 2019 at 483.68
The intermediate term trend has been UP since Aug 28th, 2019 at 493.89
The short term trend has been DOWN since Sep 16th, 2019 at 483.72
Smart Scan Analysis for SPSEA4EP
Based on a pre-defined weighted trend formula for chart analysis, SPSEA4EP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||490.35||52wk High Date||2018-01-30|
|52wk Low||418.35||52wk Low Date||2018-10-11|