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Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P TOTAL MARKET INDEX FOOD BEV & TABACO (CME:STM3020)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_STM3020
Open High Low STM3020 Price Change
3102.48 3130.53 3086.91 3124.65 +28.92
Entry Signal

MarketClub’s Trade Triangles for STM3020

long term down The long term trend has been DOWN since Oct 12th, 2018 at 3044.54

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 3114.26

short term down The short term trend has been DOWN since Oct 11th, 2018 at 3136.71

Smart Scan Analysis for STM3020

Based on a pre-defined weighted trend formula for chart analysis, STM3020 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for STM3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3102.48 3130.53 3086.91 3124.65 +28.92
Prev. Close Volume Bid Ask Time
3124.65 0 2018-10-16 16:03:01
52wk High3540.9852wk High Date2018-01-29
52wk Low2917.3852wk Low Date2018-05-03
Want to analyze S&P TOTAL MARKET INDEX FOOD BEV & TABACO STM3020 or another symbol? Try our Free Index Trend Analysis Report.