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Index Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

S&P 600 Software (Industry) (CME:SP600-451030)

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_SP600-451030
Open High Low SP600-451030 Price Change
1818.21 1842.51 1812.38 1817.88 -3.69
Entry Signal

MarketClub’s Trade Triangles for SP600-451030

long term up The long term trend has been UP since Nov 4th, 2019 at 1922.23

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 1827.29

short term down The short term trend has been DOWN since Dec 9th, 2019 at 1836.39

Smart Scan Analysis for SP600-451030

Based on a pre-defined weighted trend formula for chart analysis, SP600-451030 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SP600-451030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1818.21 1842.51 1812.38 1817.88 -3.69
Prev. Close Volume Bid Ask Time
1844.32 2439387 2019-12-12 13:18:26
52wk High2130.9952wk High Date2018-09-13
52wk Low1566.8652wk Low Date2018-11-20
Want to analyze S&P 600 Software (Industry) SP600-451030 or another symbol? Try our Free Index Trend Analysis Report.