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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

S&P 500 TELECOM SERVICES (CME:SP500-50)

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_SP500-50
Open High Low SP500-50 Price Change
144.78 146.69 144.17 144.99 -4.22
Entry Signal

MarketClub’s Trade Triangles for SP500-50

long term down The long term trend has been DOWN since Oct 29th, 2018 at 144.13

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 149.90

short term down The short term trend has been DOWN since Dec 4th, 2018 at 147.48

Smart Scan Analysis for SP500-50

Based on a pre-defined weighted trend formula for chart analysis, SP500-50 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SP500-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
144.78 146.69 144.17 144.99 -4.22
Prev. Close Volume Bid Ask Time
149.21 0 2018-12-11 16:53:14
52wk High169.6652wk High Date2018-02-01
52wk Low140.3452wk Low Date2018-05-09
Want to analyze S&P 500 TELECOM SERVICES SP500-50 or another symbol? Try our Free Index Trend Analysis Report.