Future Trend Analysis Report
Prepared for you on Wednesday, October 24, 2018.
S&P 500 INDEX ANNUAL DIVIDEND INDEX Dec 2019 (E) (CME:SDA.Z19.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SDA.Z19.E
The long term trend has been UP since Jul 18th, 2018 at 57.70
The intermediate term trend has been DOWN since Oct 11th, 2018 at 56.75
The short term trend has been DOWN since Oct 18th, 2018 at 57.00
Smart Scan Analysis for SDA.Z19.E
Based on a pre-defined weighted trend formula for chart analysis, SDA.Z19.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||57.9||Contract High Date||2018-03-16|
|Contract Low||45||Contract Low Date||2016-01-13|
|Open Time||18:00||Close Time||17:00|