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Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

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

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_SP600-4010
Open High Low SP600-4010 Price Change
557.92 565.02 555.07 555.07 -7.71
Entry Signal

MarketClub’s Trade Triangles for SP600-4010

long term down The long term trend has been DOWN since Sep 27th, 2018 at 597.40

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2018 at 620.96

short term down The short term trend has been DOWN since Oct 11th, 2018 at 591.06

Smart Scan Analysis for SP600-4010

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

-100
Smart Scan Analysis for SP600-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
557.92 565.02 555.07 555.07 -7.71
Prev. Close Volume Bid Ask Time
562.78 0 2018-10-19 15:13:26
52wk High641.5252wk High Date2018-06-07
52wk Low530.7152wk Low Date2017-11-13
Want to analyze S&P 600 BANKS INDUSTRY GROUP SP600-4010 or another symbol? Try our Free Index Trend Analysis Report.