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Index Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

S&P 500 BANKS (CME:SP500-4010)

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_SP500-4010
Open High Low SP500-4010 Price Change
323.27 324.07 314.59 314.81 -8.23
Entry Signal

MarketClub’s Trade Triangles for SP500-4010

long term down The long term trend has been DOWN since Oct 12th, 2018 at 320.75

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2018 at 346.67

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 320.37

Smart Scan Analysis for SP500-4010

Based on a pre-defined weighted trend formula for chart analysis, SP500-4010 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SP500-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
323.27 324.07 314.59 314.81 -8.23
Prev. Close Volume Bid Ask Time
323.04 0 2018-10-22 16:03:38
52wk High374.2952wk High Date2018-01-29
52wk Low308.0352wk Low Date2017-11-15
Want to analyze S&P 500 BANKS SP500-4010 or another symbol? Try our Free Index Trend Analysis Report.