Future Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
S&P 500 INDEX Mar 2019 (CME:SP.H19)
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 SP.H19
The long term trend has been UP since Apr 25th, 2017 at 2382.9
The intermediate term trend has been DOWN since Aug 10th, 2017 at 2451.6
The short term trend has been DOWN since Aug 17th, 2017 at 2465.2
Smart Scan Analysis for SP.H19
Based on a pre-defined weighted trend formula for chart analysis, SP.H19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2463.9||Contract High Date||2017-08-09|
|Contract Low||2463.2||Contract Low Date||2017-07-17|