Future Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
S&P 500 INDEX ANNUAL DIVIDEND INDEX Dec 2021 (CME:SDA.Z21)
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.
MarketClub’s Trade Triangles for SDA.Z21
The long term trend has been DOWN since Jun 3rd, 2019 at 59.95
The intermediate term trend has been UP since Jun 10th, 2019 at 60.70
The short term trend has been DOWN since Jul 17th, 2019 at 60.15
Smart Scan Analysis for SDA.Z21
Based on a pre-defined weighted trend formula for chart analysis, SDA.Z21 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).