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Index Trend Analysis Report

Prepared for you on Monday, June 25, 2018.

S&P TELECOM SELECT INDUSTRY (CME:SPSITE)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_SPSITE
Open High Low SPSITE Price Change
552.31 552.56 546.06 549.22 -0.80
Entry Signal

MarketClub’s Trade Triangles for SPSITE

long term up The long term trend has been UP since Feb 16th, 2018 at 538.70

intermediate term up The intermediate term trend has been UP since May 22nd, 2018 at 541.27

short term down The short term trend has been DOWN since Jun 21st, 2018 at 551.61

Smart Scan Analysis for SPSITE

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

+85
Smart Scan Analysis for SPSITE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
552.31 552.56 546.06 549.22 -0.80
Prev. Close Volume Bid Ask Time
549.22 0 2018-06-22 16:04:41
52wk High563.7852wk High Date2018-03-12
52wk Low492.452wk Low Date2017-11-09
Want to analyze S&P TELECOM SELECT INDUSTRY SPSITE or another symbol? Try our Free Index Trend Analysis Report.