Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
S&P SE ASIA 40 INDEX (NET TRUST) (CME:SPSEA4UN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 UP since Dec 3rd, 2018 at 809.35
The intermediate term trend has been DOWN since Feb 15th, 2019 at 824.85
The short term trend has been UP since Feb 18th, 2019 at 834.70
Smart Scan Analysis for SPSEA4UN
Based on a pre-defined weighted trend formula for chart analysis, SPSEA4UN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||909.81||52wk High Date||2018-01-29|
|52wk Low||733.96||52wk Low Date||2018-10-25|