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Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

S&P 500 MATERIALS (CME:SP500-15)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SP500-15
Open High Low SP500-15 Price Change
333.95 337.31 332.07 333.69 -1.54
Entry Signal

MarketClub’s Trade Triangles for SP500-15

long term down The long term trend has been DOWN since Oct 9th, 2018 at 357.31

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 366.36

short term down The short term trend has been DOWN since Oct 4th, 2018 at 364.82

Smart Scan Analysis for SP500-15

Based on a pre-defined weighted trend formula for chart analysis, SP500-15 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SP500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
333.95 337.31 332.07 333.69 -1.54
Prev. Close Volume Bid Ask Time
335.23 0 2018-10-19 15:50:27
52wk High402.1152wk High Date2018-01-26
52wk Low333.5352wk Low Date2018-10-18
Want to analyze S&P 500 MATERIALS SP500-15 or another symbol? Try our Free Index Trend Analysis Report.