Index Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
S&P Southeast Asia 40 Index (Net TR) (CME:SPSEA4UN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPSEA4UN
The long term trend has been DOWN since Oct 2nd, 2019 at 813.50
The intermediate term trend has been UP since Oct 18th, 2019 at 833.10
The short term trend has been UP since Oct 8th, 2019 at 814.19
Smart Scan Analysis for SPSEA4UN
Based on a pre-defined weighted trend formula for chart analysis, SPSEA4UN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||909.81000000||52wk High Date||2018-01-29|
|52wk Low||733.96000000||52wk Low Date||2018-10-25|