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Index Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

S&P COMPOSITE 1500 DISTRIBUTORS SUB IND (CME:SP1500-25501010)

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_SP1500-25501010
Open High Low SP1500-25501010 Price Change
339.99 342.93 336.81 338.16 +0.06
Entry Signal

MarketClub’s Trade Triangles for SP1500-25501010

long term down The long term trend has been DOWN since Oct 11th, 2018 at 330.35

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 362.99

short term up The short term trend has been UP since Oct 16th, 2018 at 339.11

Smart Scan Analysis for SP1500-25501010

Based on a pre-defined weighted trend formula for chart analysis, SP1500-25501010 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP1500-25501010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
339.99 342.93 336.81 338.16 +0.06
Prev. Close Volume Bid Ask Time
338.16 0 2018-10-19 16:02:27
52wk High392.652wk High Date2018-01-29
52wk Low312.6452wk Low Date2018-05-01
Want to analyze S&P COMPOSITE 1500 DISTRIBUTORS SUB IND SP1500-25501010 or another symbol? Try our Free Index Trend Analysis Report.