Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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
526.73 530.22 520.77 530.04 +2.94
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 up The intermediate term trend has been UP since Jan 7th, 2019 at 520.89

short term up The short term trend has been UP since Dec 28th, 2018 at 493.13

Smart Scan Analysis for SP600-4010

Based on a pre-defined weighted trend formula for chart analysis, SP600-4010 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SP600-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
526.73 530.22 520.77 530.04 +2.94
Prev. Close Volume Bid Ask Time
520.92 0 2019-01-15 16:49:06
52wk High641.5252wk High Date2018-06-07
52wk Low513.3452wk Low Date2018-10-24
Want to analyze S&P 600 BANKS INDUSTRY GROUP SP600-4010 or another symbol? Try our Free Index Trend Analysis Report.