Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, October 18, 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
1488.92 1516.62 1488.09 1511.40 -0.86
Entry Signal

MarketClub’s Trade Triangles for SP1500-20304010

long term up The long term trend has been UP since Sep 15th, 2017 at 1511.09

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2017 at 1513.31

short term down The short term trend has been DOWN since Oct 16th, 2017 at 1513.46

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
1488.92 1516.62 1488.09 1511.40 -0.86
Prev. Close Volume Bid Ask Time
1512.26 0 2017-10-17 16:04:12
52wk High1564.2252wk High Date2017-09-28
52wk Low1083.452wk Low Date2016-11-01
Want to analyze S&P COMPOSITE 1500 RAILROADS SUB IND SP1500-20304010 or another symbol? Try our Free Index Trend Analysis Report.