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Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

S&P COMPOSITE 1500 INFORMATION TECH (CME:SP1500-45)

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_SP1500-45
Open High Low SP1500-45 Price Change
1258.47 1270.28 1251.09 1262.50 +9.83
Entry Signal

MarketClub’s Trade Triangles for SP1500-45

long term down The long term trend has been DOWN since Oct 11th, 2018 at 1234.53

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 1315.77

short term up The short term trend has been UP since Oct 16th, 2018 at 1269.40

Smart Scan Analysis for SP1500-45

Based on a pre-defined weighted trend formula for chart analysis, SP1500-45 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP1500-45
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1258.47 1270.28 1251.09 1262.50 +9.83
Prev. Close Volume Bid Ask Time
1252.67 0 2018-10-22 16:01:57
52wk High1365.9952wk High Date2018-08-30
52wk Low1076.152wk Low Date2017-10-25
Want to analyze S&P COMPOSITE 1500 INFORMATION TECH SP1500-45 or another symbol? Try our Free Index Trend Analysis Report.