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Index Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

S&P 500 CASH (CME:SP500)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CME_SP500
Open High Low SP500 Price Change
2721.03 2753.59 2691.43 2740.69 -15.19
Entry Signal

MarketClub’s Trade Triangles for SP500

long term down The long term trend has been DOWN since Oct 23rd, 2018 at 2698.95

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 2869.29

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 2755.18

Smart Scan Analysis for SP500

Based on a pre-defined weighted trend formula for chart analysis, SP500 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2721.03 2753.59 2691.43 2740.69 -15.19
Prev. Close Volume Bid Ask Time
2755.88 0 2018-10-23 16:18:37
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
Want to analyze S&P 500 CASH SP500 or another symbol? Try our Free Index Trend Analysis Report.