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Index Trend Analysis Report

Prepared for you on Tuesday, May 23, 2017.

S&P COMPOSITE 1500 RAILROADS SUB IND (CME:SP1500-20304010)

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_SP1500-20304010
Open High Low SP1500-20304010 Price Change
1417.25 1428.28 1412.16 1426.82 +15.23
Entry Signal

MarketClub’s Trade Triangles for SP1500-20304010

long term up The long term trend has been UP since Apr 21st, 2016 at 1036.91

intermediate term down The intermediate term trend has been DOWN since May 17th, 2017 at 1432.51

short term down The short term trend has been DOWN since May 17th, 2017 at 1446.52

Smart Scan Analysis for SP1500-20304010

Based on a pre-defined weighted trend formula for chart analysis, SP1500-20304010 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP1500-20304010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1417.25 1428.28 1412.16 1426.82 +15.23
Prev. Close Volume Bid Ask Time
1426.82 0 2017-05-22 16:04:57
52wk High1485.9952wk High Date2017-04-27
52wk Low974.7752wk Low Date2016-06-27
Want to analyze S&P COMPOSITE 1500 RAILROADS SUB IND SP1500-20304010 or another symbol? Try our Free Index Trend Analysis Report.