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Index Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

S&P COMPOSITE 1500 - HEAVY ELEESTRICAL E (CME:SP1500-20104020)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

CME_SP1500-20104020
Open High Low SP1500-20104020 Price Change
416.83 418.39 410.11 412.69 -5.15
Entry Signal

MarketClub’s Trade Triangles for SP1500-20104020

long term up The long term trend has been UP since Jul 3rd, 2018 at 431.26

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 485.06

short term down The short term trend has been DOWN since Oct 18th, 2018 at 415.82

Smart Scan Analysis for SP1500-20104020

Based on a pre-defined weighted trend formula for chart analysis, SP1500-20104020 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP1500-20104020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
416.83 418.39 410.11 412.69 -5.15
Prev. Close Volume Bid Ask Time
417.84 0 2018-10-19 16:02:12
52wk High514.9452wk High Date2018-07-20
52wk Low363.2252wk Low Date2018-05-15
Want to analyze S&P COMPOSITE 1500 - HEAVY ELEESTRICAL E SP1500-20104020 or another symbol? Try our Free Index Trend Analysis Report.