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Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P COMMODITY TRADING STRATEGY IND SPOT (CME:SPDFI)

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_SPDFI
Open High Low SPDFI Price Change
122.22 122.28 122.06 122.06 -0.13
Entry Signal

MarketClub’s Trade Triangles for SPDFI

long term down The long term trend has been DOWN since Oct 11th, 2018 at 122.16

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 122.16

short term up The short term trend has been UP since Oct 17th, 2018 at 122.20

Smart Scan Analysis for SPDFI

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

-85
Smart Scan Analysis for SPDFI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.22 122.28 122.06 122.06 -0.13
Prev. Close Volume Bid Ask Time
122.19 0 2018-10-17 06:05:38
52wk High124.8652wk High Date2018-07-11
52wk Low117.5452wk Low Date2017-11-15
Want to analyze S&P COMMODITY TRADING STRATEGY IND SPOT SPDFI or another symbol? Try our Free Index Trend Analysis Report.