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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

S&P 500 UTIL (CME:SP500-55)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_SP500-55
Open High Low SP500-55 Price Change
291.96 295.35 291.46 294.25 +1.27
Entry Signal

MarketClub’s Trade Triangles for SP500-55

long term down The long term trend has been DOWN since Dec 26th, 2018 at 260.62

intermediate term down The intermediate term trend has been DOWN since Apr 17th, 2019 at 290.21

short term up The short term trend has been UP since Apr 24th, 2019 at 292.62

Smart Scan Analysis for SP500-55

Based on a pre-defined weighted trend formula for chart analysis, SP500-55 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SP500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.96 295.35 291.46 294.25 +1.27
Prev. Close Volume Bid Ask Time
281.68 0 2019-04-25 16:50:04
52wk High286.9952wk High Date2017-12-01
52wk Low240.3752wk Low Date2018-02-06
Want to analyze S&P 500 UTIL SP500-55 or another symbol? Try our Free Index Trend Analysis Report.