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Index Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_SP500-15
Open High Low SP500-15 Price Change
322.32 324.50 320.77 322.82 -2.10
Entry Signal

MarketClub’s Trade Triangles for SP500-15

long term down The long term trend has been DOWN since Dec 18th, 2018 at 313.47

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2018 at 318.29

short term down The short term trend has been DOWN since Jan 15th, 2019 at 322.96

Smart Scan Analysis for SP500-15

Based on a pre-defined weighted trend formula for chart analysis, SP500-15 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SP500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
322.32 324.50 320.77 322.82 -2.10
Prev. Close Volume Bid Ask Time
322.39 0 2019-01-15 16:49:05
52wk High402.1152wk High Date2018-01-26
52wk Low313.4752wk Low Date2018-10-26
Want to analyze S&P 500 MATERIALS SP500-15 or another symbol? Try our Free Index Trend Analysis Report.