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Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

S&P EQUAL WEIGHT INDEX TELECOM (CME:SP500EW-50)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_SP500EW-50
Open High Low SP500EW-50 Price Change
1021.90 1038.22 1021.80 1025.88 +3.98
Entry Signal

MarketClub’s Trade Triangles for SP500EW-50

long term up The long term trend has been UP since Jul 6th, 2018 at 955.63

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 1020.65

short term up The short term trend has been UP since Oct 16th, 2018 at 1010.46

Smart Scan Analysis for SP500EW-50

Based on a pre-defined weighted trend formula for chart analysis, SP500EW-50 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SP500EW-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1021.90 1038.22 1021.80 1025.88 +3.98
Prev. Close Volume Bid Ask Time
1025.88 0 2018-10-19 16:02:45
52wk High1066.0552wk High Date2018-08-21
52wk Low821.1752wk Low Date2017-11-15
Want to analyze S&P EQUAL WEIGHT INDEX TELECOM SP500EW-50 or another symbol? Try our Free Index Trend Analysis Report.