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Index Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

S&P Composite 1500 Machinery (Industry) (CME:SP1500-201060)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_SP1500-201060
Open High Low SP1500-201060 Price Change
929.97 934.07 902.64 906.57 -32.91
Entry Signal

MarketClub’s Trade Triangles for SP1500-201060

long term down The long term trend has been DOWN since May 29th, 2019 at 927.87

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 992.66

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 933.01

Smart Scan Analysis for SP1500-201060

Based on a pre-defined weighted trend formula for chart analysis, SP1500-201060 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SP1500-201060
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
929.97 934.07 902.64 906.57 -32.91
Prev. Close Volume Bid Ask Time
932.5 45459762 2019-08-23 16:20:12
52wk High1101.3852wk High Date2018-01-24
52wk Low837.152wk Low Date2018-10-29
Want to analyze S&P Composite 1500 Machinery (Industry) SP1500-201060 or another symbol? Try our Free Index Trend Analysis Report.