Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

S&P RETAIL SELECT INDUSTRY (CME:SPSIRE)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPSIRE
Open High Low SPSIRE Price Change
4867.27 4896.19 4794.09 4798.08 -69.19
Entry Signal

MarketClub’s Trade Triangles for SPSIRE

long term down The long term trend has been DOWN since Oct 5th, 2018 at 4977.42

intermediate term down The intermediate term trend has been DOWN since Sep 24th, 2018 at 5294.92

short term down The short term trend has been DOWN since Oct 18th, 2018 at 4887.59

Smart Scan Analysis for SPSIRE

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

-100
Smart Scan Analysis for SPSIRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4867.27 4896.19 4794.09 4798.08 -69.19
Prev. Close Volume Bid Ask Time
4867.27 0 2018-10-19 16:05:20
52wk High5489.5152wk High Date2018-08-22
52wk Low4013.4752wk Low Date2017-11-08
Want to analyze S&P RETAIL SELECT INDUSTRY SPSIRE or another symbol? Try our Free Index Trend Analysis Report.