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Index Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

S&P 500 FINANCIALS TRUST (CME:SP500-40TR)

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_SP500-40TR
Open High Low SP500-40TR Price Change
738.07448 749.90528 732.93200 744.79960 +6.72512
Entry Signal

MarketClub’s Trade Triangles for SP500-40TR

long term down The long term trend has been DOWN since Oct 12th, 2018 at 724.39197

intermediate term down The intermediate term trend has been DOWN since Sep 27th, 2018 at 768.47070

short term up The short term trend has been UP since Oct 17th, 2018 at 742.22370

Smart Scan Analysis for SP500-40TR

Based on a pre-defined weighted trend formula for chart analysis, SP500-40TR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP500-40TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
738.07448 749.90528 732.93200 744.79960 +6.72512
Prev. Close Volume Bid Ask Time
744.79960 0 2018-10-17 16:04:47
52wk High825.656252wk High Date2018-01-29
52wk Low678.565452wk Low Date2017-12-06
Want to analyze S&P 500 FINANCIALS TRUST SP500-40TR or another symbol? Try our Free Index Trend Analysis Report.