Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

S&P JAPAN 500 (CME:SPJ)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SPJ
Open High Low SPJ Price Change
1545.44 1547.01 0.00 1542.62 +2.09
Entry Signal

MarketClub’s Trade Triangles for SPJ

long term up The long term trend has been UP since Sep 21st, 2018 at 1632.62

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 1571.07

short term down The short term trend has been DOWN since Oct 21st, 2018 at 1540.53

Smart Scan Analysis for SPJ

Based on a pre-defined weighted trend formula for chart analysis, SPJ scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1545.44 1547.01 0.00 1542.62 +2.09
Prev. Close Volume Bid Ask Time
1540.53 0 2018-10-22 02:00:04
52wk High1735.8552wk High Date2018-01-23
52wk Low1489.0952wk Low Date2018-03-26
Want to analyze S&P JAPAN 500 SPJ or another symbol? Try our Free Index Trend Analysis Report.