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Index Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

S&P 500 FINANCIALS TRUST (CME:SP500-40TR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SP500-40TR
Open High Low SP500-40TR Price Change
756.20 757.38 754.75 756.20 +4.36
Entry Signal

MarketClub’s Trade Triangles for SP500-40TR

long term up The long term trend has been UP since Apr 12th, 2019 at 756.49

intermediate term down The intermediate term trend has been DOWN since May 9th, 2019 at 751.34

short term down The short term trend has been DOWN since May 2nd, 2019 at 773.95

Smart Scan Analysis for SP500-40TR

Based on a pre-defined weighted trend formula for chart analysis, SP500-40TR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP500-40TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
756.20 757.38 754.75 756.20 +4.36
Prev. Close Volume Bid Ask Time
733.75 0 2019-05-21 10:19:22
52wk High825.656252wk High Date2018-01-29
52wk Low678.565452wk Low Date2017-12-06
Want to analyze S&P 500 FINANCIALS TRUST SP500-40TR or another symbol? Try our Free Index Trend Analysis Report.