Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

S&P 600 AUTOS INDUSTRY (CME:SP600-251020)

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_SP600-251020
Open High Low SP600-251020 Price Change
176.94 181.75 176.36 179.66 +2.61
Entry Signal

MarketClub’s Trade Triangles for SP600-251020

long term down The long term trend has been DOWN since Sep 20th, 2018 at 200.06

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 203.18

short term up The short term trend has been UP since Oct 15th, 2018 at 180.73

Smart Scan Analysis for SP600-251020

Based on a pre-defined weighted trend formula for chart analysis, SP600-251020 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP600-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
176.94 181.75 176.36 179.66 +2.61
Prev. Close Volume Bid Ask Time
177.05 0 2018-10-15 16:00:11
52wk High331.5452wk High Date2017-12-20
52wk Low168.652wk Low Date2018-10-11
Want to analyze S&P 600 AUTOS INDUSTRY SP600-251020 or another symbol? Try our Free Index Trend Analysis Report.