Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

S&P 500 SOFTWARE INDUSTRY (CME:SP500-451030)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_SP500-451030
Open High Low SP500-451030 Price Change
2012.71 2027.63 1971.17 1976.51 -65.50
Entry Signal

MarketClub’s Trade Triangles for SP500-451030

long term down The long term trend has been DOWN since Nov 20th, 2018 at 1898.39

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 2075.40

short term down The short term trend has been DOWN since Dec 14th, 2018 at 2002.15

Smart Scan Analysis for SP500-451030

Based on a pre-defined weighted trend formula for chart analysis, SP500-451030 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SP500-451030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2012.71 2027.63 1971.17 1976.51 -65.50
Prev. Close Volume Bid Ask Time
2056.64 0 2018-12-14 16:59:47
52wk High2180.1952wk High Date2018-10-01
52wk Low1549.0452wk Low Date2017-12-06
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