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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

S&P COMP 1500 CONSTRUCTION MATERIALS (CME:SP1500-151020)

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.

CME_SP1500-151020
Open High Low SP1500-151020 Price Change
1027.48 1031.90 1016.09 1026.93 +3.15
Entry Signal

MarketClub’s Trade Triangles for SP1500-151020

long term up The long term trend has been UP since Dec 18th, 2018 at 974.79

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2019 at 1017.33

short term down The short term trend has been DOWN since May 22nd, 2019 at 1048.44

Smart Scan Analysis for SP1500-151020

Based on a pre-defined weighted trend formula for chart analysis, SP1500-151020 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP1500-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1027.48 1031.90 1016.09 1026.93 +3.15
Prev. Close Volume Bid Ask Time
915.81 0 2019-05-24 16:49:41
52wk High1200.4752wk High Date2018-01-26
52wk Low710.0252wk Low Date2018-10-29
Want to analyze S&P COMP 1500 CONSTRUCTION MATERIALS SP1500-151020 or another symbol? Try our Free Index Trend Analysis Report.