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Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

S&P 500 Building Products (Sub Ind) (CME:SP500-20102010)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_SP500-20102010
Open High Low SP500-20102010 Price Change
390.11 391.35 388.58 389.77 +0.09
Entry Signal

MarketClub’s Trade Triangles for SP500-20102010

long term up The long term trend has been UP since Feb 12th, 2019 at 316.60

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 386.36

short term up The short term trend has been UP since Dec 6th, 2019 at 391.19

Smart Scan Analysis for SP500-20102010

Based on a pre-defined weighted trend formula for chart analysis, SP500-20102010 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SP500-20102010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
390.11 391.35 388.58 389.77 +0.09
Prev. Close Volume Bid Ask Time
391.50 10346786 2019-12-10 17:12:07
52wk High390.2752wk High Date2018-01-26
52wk Low272.5552wk Low Date2018-10-29
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