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Index Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

S&P Composite 1500 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP1500-20106010)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_SP1500-20106010
Open High Low SP1500-20106010 Price Change
840.64 850.45 835.56 847.23 +12.31
Entry Signal

MarketClub’s Trade Triangles for SP1500-20106010

long term down The long term trend has been DOWN since May 17th, 2019 at 803.80

intermediate term up The intermediate term trend has been UP since Oct 15th, 2019 at 838.79

short term up The short term trend has been UP since Oct 7th, 2019 at 792.78

Smart Scan Analysis for SP1500-20106010

Based on a pre-defined weighted trend formula for chart analysis, SP1500-20106010 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SP1500-20106010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
840.64 850.45 835.56 847.23 +12.31
Prev. Close Volume Bid Ask Time
782.88 10947193 2019-10-17 16:19:42
52wk High1054.6300000052wk High Date2018-01-25
52wk Low711.4100000052wk Low Date2018-10-26
Want to analyze S&P Composite 1500 Construction Machinery & Heavy Trucks (Sub Ind) SP1500-20106010 or another symbol? Try our Free Index Trend Analysis Report.