Future Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
S&P 500 INDEX ANNUAL DIVIDEND INDEX Dec 2022 (CME:SDA.Z22)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for SDA.Z22
The long term trend has been DOWN since Aug 5th, 2019 at 60.9
The intermediate term trend has been UP since Oct 22nd, 2019 at 60.2
The short term trend has been UP since Sep 18th, 2019 at 60.0
Smart Scan Analysis for SDA.Z22
Based on a pre-defined weighted trend formula for chart analysis, SDA.Z22 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).