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Index Trend Analysis Report

Prepared for you on Friday, May 25, 2018.

S&P 600 BANKS INDUSTRY GROUP (CME:SP600-4010)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_SP600-4010
Open High Low SP600-4010 Price Change
615.44 619.13 614.59 616.95 -0.42
Entry Signal

MarketClub’s Trade Triangles for SP600-4010

long term up The long term trend has been UP since Sep 27th, 2017 at 557.39

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 591.55

short term down The short term trend has been DOWN since May 24th, 2018 at 612.19

Smart Scan Analysis for SP600-4010

Based on a pre-defined weighted trend formula for chart analysis, SP600-4010 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SP600-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
615.44 619.13 614.59 616.95 -0.42
Prev. Close Volume Bid Ask Time
617.37 0 2018-05-25 16:01:11
52wk High625.1452wk High Date2018-05-22
52wk Low488.2452wk Low Date2017-09-07
Want to analyze S&P 600 BANKS INDUSTRY GROUP SP600-4010 or another symbol? Try our Free Index Trend Analysis Report.