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Index Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

CME SP2 (CME:SPTEST2)

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_SPTEST2
Open High Low SPTEST2 Price Change
1227.46 1233.92 1224.15 1224.47 -2.56
Entry Signal

MarketClub’s Trade Triangles for SPTEST2

long term down The long term trend has been DOWN since Mar 23rd, 2018 at 1349.53

intermediate term down The intermediate term trend has been DOWN since Oct 7th, 2018 at 1305.54

short term down The short term trend has been DOWN since Nov 9th, 2018 at 1247.21

Smart Scan Analysis for SPTEST2

Based on a pre-defined weighted trend formula for chart analysis, SPTEST2 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SPTEST2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1227.46 1233.92 1224.15 1224.47 -2.56
Prev. Close Volume Bid Ask Time
1227.03 0 2018-11-16 08:18:17
52wk High1494.6152wk High Date2018-01-25
52wk Low1197.3552wk Low Date2018-10-26
Estimated Volume3
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