Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
S&P SOUTHEAST ASIA 40 EUR (CME:SPSEA4EP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SPSEA4EP
The long term trend has been UP since Jan 11th, 2019 at 468.77
The intermediate term trend has been DOWN since Feb 28th, 2019 at 476.36
The short term trend has been DOWN since Mar 25th, 2019 at 473.79
Smart Scan Analysis for SPSEA4EP
Based on a pre-defined weighted trend formula for chart analysis, SPSEA4EP scored +60 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|