Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P COMPOSITE 1500 MARINE INDUSTRY (CME:SP1500-203030)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CME_SP1500-203030
Open High Low SP1500-203030 Price Change
516.49 519.40 504.49 508.64 -8.11
Entry Signal

MarketClub’s Trade Triangles for SP1500-203030

long term down The long term trend has been DOWN since Sep 7th, 2018 at 488.06

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 498.14

short term up The short term trend has been UP since Oct 16th, 2018 at 510.80

Smart Scan Analysis for SP1500-203030

Based on a pre-defined weighted trend formula for chart analysis, SP1500-203030 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP1500-203030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
516.49 519.40 504.49 508.64 -8.11
Prev. Close Volume Bid Ask Time
516.75 0 2018-10-17 13:50:12
52wk High565.352wk High Date2018-06-05
52wk Low384.2952wk Low Date2017-11-15
Want to analyze S&P COMPOSITE 1500 MARINE INDUSTRY SP1500-203030 or another symbol? Try our Free Index Trend Analysis Report.