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Index Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

S&P 600 Tobacco (Industry) (CME:SP600-302030)

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_SP600-302030
Open High Low SP600-302030 Price Change
19.96 20.42 19.89 20.34 +0.50
Entry Signal

MarketClub’s Trade Triangles for SP600-302030

long term down The long term trend has been DOWN since Sep 3rd, 2019 at 18.86

intermediate term down The intermediate term trend has been DOWN since Aug 28th, 2019 at 18.91

short term up The short term trend has been UP since Oct 17th, 2019 at 19.89

Smart Scan Analysis for SP600-302030

Based on a pre-defined weighted trend formula for chart analysis, SP600-302030 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SP600-302030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.96 20.42 19.89 20.34 +0.50
Prev. Close Volume Bid Ask Time
20.09 1023032 2019-10-17 16:19:41
52wk High26.6800000052wk High Date2018-11-09
52wk Low15.9600000052wk Low Date2018-02-06
Want to analyze S&P 600 Tobacco (Industry) SP600-302030 or another symbol? Try our Free Index Trend Analysis Report.