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Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P INSURANCE SELECT INDUSTRY INDEX (CME:SPSIINS)

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_SPSIINS
Open High Low SPSIINS Price Change
2740.80 2768.62 2726.54 2768.41 +35.12
Entry Signal

MarketClub’s Trade Triangles for SPSIINS

long term up The long term trend has been UP since Jul 26th, 2018 at 2851.49

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 2878.25

short term down The short term trend has been DOWN since Oct 10th, 2018 at 2903.76

Smart Scan Analysis for SPSIINS

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

-60
Smart Scan Analysis for SPSIINS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2740.80 2768.62 2726.54 2768.41 +35.12
Prev. Close Volume Bid Ask Time
2733.29 0 2018-10-16 16:03:51
52wk High2971.5752wk High Date2018-09-21
52wk Low2648.3352wk Low Date2018-02-09
Want to analyze S&P INSURANCE SELECT INDUSTRY INDEX SPSIINS or another symbol? Try our Free Index Trend Analysis Report.