Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

S&P TELECOM SELECT INDUSTRY (CME:SPSITE)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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
517.59 522.23 512.38 518.33 -6.89
Entry Signal

MarketClub’s Trade Triangles for SPSITE

long term down The long term trend has been DOWN since Oct 10th, 2018 at 535.38

intermediate term up The intermediate term trend has been UP since Nov 5th, 2018 at 551.07

short term down The short term trend has been DOWN since Nov 20th, 2018 at 524.19

Smart Scan Analysis for SPSITE

Based on a pre-defined weighted trend formula for chart analysis, SPSITE scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SPSITE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
517.59 522.23 512.38 518.33 -6.89
Prev. Close Volume Bid Ask Time
525.22 0 2018-11-20 12:52:51
52wk High585.9252wk High Date2018-08-30
52wk Low493.1752wk Low Date2018-02-09
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