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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

S&P 500 DISTRIBUTORS INDUSTRY (CME:SP500-255010)

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_SP500-255010
Open High Low SP500-255010 Price Change
310.66 313.60 310.46 311.39 -0.18
Entry Signal

MarketClub’s Trade Triangles for SP500-255010

long term down The long term trend has been DOWN since May 10th, 2019 at 305.85

intermediate term down The intermediate term trend has been DOWN since Apr 22nd, 2019 at 337.26

short term up The short term trend has been UP since May 16th, 2019 at 307.15

Smart Scan Analysis for SP500-255010

Based on a pre-defined weighted trend formula for chart analysis, SP500-255010 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SP500-255010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
310.66 313.60 310.46 311.39 -0.18
Prev. Close Volume Bid Ask Time
326.82 0 2019-05-22 15:03:53
52wk High396.7952wk High Date2018-01-29
52wk Low298.5152wk Low Date2018-05-01
Want to analyze S&P 500 DISTRIBUTORS INDUSTRY SP500-255010 or another symbol? Try our Free Index Trend Analysis Report.