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Index Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

S&P 400 METALS & MINING INDUSTRY (CME:SP400-151040)

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_SP400-151040
Open High Low SP400-151040 Price Change
218.67 222.65 218.67 221.00 +2.34
Entry Signal

MarketClub’s Trade Triangles for SP400-151040

long term down The long term trend has been DOWN since Aug 10th, 2018 at 216.95

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 229.72

short term up The short term trend has been UP since Aug 20th, 2018 at 216.12

Smart Scan Analysis for SP400-151040

Based on a pre-defined weighted trend formula for chart analysis, SP400-151040 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP400-151040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
218.67 222.65 218.67 221.00 +2.34
Prev. Close Volume Bid Ask Time
218.66 0 2018-08-21 16:05:39
52wk High249.5552wk High Date2018-05-31
52wk Low181.2752wk Low Date2017-08-21
Want to analyze S&P 400 METALS & MINING INDUSTRY SP400-151040 or another symbol? Try our Free Index Trend Analysis Report.