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Index Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

S&P 500 DRUG RETAIL SUB IND (CME:SP500-30101010)

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_SP500-30101010
Open High Low SP500-30101010 Price Change
773.23 778.09 768.96 776.18 +6.19
Entry Signal

MarketClub’s Trade Triangles for SP500-30101010

long term down The long term trend has been DOWN since Dec 17th, 2018 at 993.50

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2019 at 1024.45

short term up The short term trend has been UP since May 16th, 2019 at 782.07

Smart Scan Analysis for SP500-30101010

Based on a pre-defined weighted trend formula for chart analysis, SP500-30101010 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SP500-30101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
773.23 778.09 768.96 776.18 +6.19
Prev. Close Volume Bid Ask Time
1081.91 0 2019-05-21 14:55:53
52wk High1254.2952wk High Date2018-11-29
52wk Low870.9252wk Low Date2018-06-29
Want to analyze S&P 500 DRUG RETAIL SUB IND SP500-30101010 or another symbol? Try our Free Index Trend Analysis Report.