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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

S&P 500 FOOD PRODUESTS INDUSTRY (CME:SP500-302020)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_SP500-302020
Open High Low SP500-302020 Price Change
532.53 538.01 531.97 536.37 -0.25
Entry Signal

MarketClub’s Trade Triangles for SP500-302020

long term up The long term trend has been UP since Apr 10th, 2019 at 525.52

intermediate term up The intermediate term trend has been UP since Mar 18th, 2019 at 497.80

short term down The short term trend has been DOWN since May 21st, 2019 at 537.70

Smart Scan Analysis for SP500-302020

Based on a pre-defined weighted trend formula for chart analysis, SP500-302020 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SP500-302020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
532.53 538.01 531.97 536.37 -0.25
Prev. Close Volume Bid Ask Time
508.7 0 2019-05-23 16:20:08
52wk High591.7252wk High Date2018-01-29
52wk Low485.3252wk Low Date2018-05-03
Want to analyze S&P 500 FOOD PRODUESTS INDUSTRY SP500-302020 or another symbol? Try our Free Index Trend Analysis Report.