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Index Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

S&P EQUAL WEIGHT INDEX UTIL (CME:SP500EW-55)

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_SP500EW-55
Open High Low SP500EW-55 Price Change
1312.32 1320.39 1308.60 1311.18 -1.14
Entry Signal

MarketClub’s Trade Triangles for SP500EW-55

long term down The long term trend has been DOWN since Dec 21st, 2017 at 1363.82

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2017 at 1438.51

short term down The short term trend has been DOWN since Jan 3rd, 2018 at 1354.41

Smart Scan Analysis for SP500EW-55

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

-100
Smart Scan Analysis for SP500EW-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1312.32 1320.39 1308.60 1311.18 -1.14
Prev. Close Volume Bid Ask Time
1312.32 0 2018-01-19 16:03:05
52wk High1482.8952wk High Date2017-11-15
52wk Low1243.9652wk Low Date2017-01-30
Want to analyze S&P EQUAL WEIGHT INDEX UTIL SP500EW-55 or another symbol? Try our Free Index Trend Analysis Report.