Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

S&P 600 FOOD DISTRIBUTORS SUB IND (CME:SP600-30101020)

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_SP600-30101020
Open High Low SP600-30101020 Price Change
336.71 343.01 334.55 339.47 +0.87
Entry Signal

MarketClub’s Trade Triangles for SP600-30101020

long term down The long term trend has been DOWN since Sep 13th, 2018 at 386.10

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2018 at 332.46

short term up The short term trend has been UP since Nov 16th, 2018 at 339.77

Smart Scan Analysis for SP600-30101020

Based on a pre-defined weighted trend formula for chart analysis, SP600-30101020 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP600-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
336.71 343.01 334.55 339.47 +0.87
Prev. Close Volume Bid Ask Time
339.47 0 2018-11-16 16:00:11
52wk High436.152wk High Date2018-08-09
52wk Low310.9852wk Low Date2018-05-08
Want to analyze S&P 600 FOOD DISTRIBUTORS SUB IND SP600-30101020 or another symbol? Try our Free Index Trend Analysis Report.