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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

S&P COMPOSITE 1500 STEEL SUB IND (CME:SP1500-15104050)

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.

CME_SP1500-15104050
Open High Low SP1500-15104050 Price Change
150.53 151.25 148.39 149.31 -1.54
Entry Signal

MarketClub’s Trade Triangles for SP1500-15104050

long term down The long term trend has been DOWN since Aug 15th, 2018 at 171.26

intermediate term up The intermediate term trend has been UP since Apr 1st, 2019 at 155.11

short term down The short term trend has been DOWN since Apr 18th, 2019 at 149.36

Smart Scan Analysis for SP1500-15104050

Based on a pre-defined weighted trend formula for chart analysis, SP1500-15104050 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SP1500-15104050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
150.53 151.25 148.39 149.31 -1.54
Prev. Close Volume Bid Ask Time
156.39 0 2019-04-18 16:20:12
52wk High202.2552wk High Date2018-02-20
52wk Low147.6352wk Low Date2018-11-28
Want to analyze S&P COMPOSITE 1500 STEEL SUB IND SP1500-15104050 or another symbol? Try our Free Index Trend Analysis Report.