Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
S&P KOREA CORPORATE GROUP INDEX USD (CME:SPXKCGKP)
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 SPXKCGKP
The long term trend has been UP since Feb 14th, 2019 at 2179.90
The intermediate term trend has been DOWN since Mar 5th, 2019 at 2077.22
The short term trend has been DOWN since Mar 24th, 2019 at 2064.82
Smart Scan Analysis for SPXKCGKP
Based on a pre-defined weighted trend formula for chart analysis, SPXKCGKP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2504.63||52wk High Date||2018-01-29|
|52wk Low||1889.02||52wk Low Date||2018-10-26|