Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

S&P EQUAL WEIGHT INDEX UTIL (CME:SP500EW-55)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_SP500EW-55
Open High Low SP500EW-55 Price Change
1490.05 1497.78 1484.75 1495.35 +5.30
Entry Signal

MarketClub’s Trade Triangles for SP500EW-55

long term down The long term trend has been DOWN since Dec 26th, 2018 at 1356.81

intermediate term up The intermediate term trend has been UP since Jan 24th, 2019 at 1422.10

short term up The short term trend has been UP since Feb 19th, 2019 at 1471.78

Smart Scan Analysis for SP500EW-55

Based on a pre-defined weighted trend formula for chart analysis, SP500EW-55 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SP500EW-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1490.05 1497.78 1484.75 1495.35 +5.30
Prev. Close Volume Bid Ask Time
1466.33 0 2019-02-22 10:52:20
52wk High1469.5452wk High Date2017-12-01
52wk Low1227.1152wk Low Date2018-02-06
Want to analyze S&P EQUAL WEIGHT INDEX UTIL SP500EW-55 or another symbol? Try our Free Index Trend Analysis Report.