Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)

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_SP1500-3020
Open High Low SP1500-3020 Price Change
718.32 720.04 716.44 717.64 -1.01
Entry Signal

MarketClub’s Trade Triangles for SP1500-3020

long term down The long term trend has been DOWN since Aug 28th, 2019 at 687.39

intermediate term down The intermediate term trend has been DOWN since Jul 31st, 2019 at 718.08

short term down The short term trend has been DOWN since Sep 16th, 2019 at 719.67

Smart Scan Analysis for SP1500-3020

Based on a pre-defined weighted trend formula for chart analysis, SP1500-3020 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SP1500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
718.32 720.04 716.44 717.64 -1.01
Prev. Close Volume Bid Ask Time
701.58 56272123 2019-09-19 14:56:42
52wk High785.152wk High Date2018-01-29
52wk Low64452wk Low Date2018-05-15
Want to analyze S&P Composite 1500 Food Beverage & Tobacco (Industry Group) SP1500-3020 or another symbol? Try our Free Index Trend Analysis Report.