Future Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
S&P 500 INDEX Sep 2019 (CME:SP.U19)
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.U19
The long term trend has been DOWN since Feb 9th, 2018 at 2574.7
The intermediate term trend has been UP since Apr 16th, 2018 at 2712.1
The short term trend has been DOWN since Apr 20th, 2018 at 2718.4
Smart Scan Analysis for SP.U19
Based on a pre-defined weighted trend formula for chart analysis, SP.U19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2904.2||Contract High Date||2018-01-29|
|Contract Low||2598.4||Contract Low Date||2017-11-13|