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Index Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

S&P 600 MULTI UTIL INDUSTRY (CME:SP600-551030)

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_SP600-551030
Open High Low SP600-551030 Price Change
220.20 221.97 219.12 220.59 +0.34
Entry Signal

MarketClub’s Trade Triangles for SP600-551030

long term down The long term trend has been DOWN since Dec 6th, 2018 at 244.61

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2018 at 254.91

short term up The short term trend has been UP since Dec 12th, 2018 at 219.52

Smart Scan Analysis for SP600-551030

Based on a pre-defined weighted trend formula for chart analysis, SP600-551030 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP600-551030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
220.20 221.97 219.12 220.59 +0.34
Prev. Close Volume Bid Ask Time
255.4 0 2018-12-14 16:59:47
52wk High259.3752wk High Date2018-07-02
52wk Low233.3952wk Low Date2018-03-07
Want to analyze S&P 600 MULTI UTIL INDUSTRY SP600-551030 or another symbol? Try our Free Index Trend Analysis Report.