Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, January 24, 2019.

S&P 600 SYSTEMS SOFTWARE SUB IND (CME:SP600-45103020)

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_SP600-45103020
Open High Low SP600-45103020 Price Change
2329.48 2346.08 2277.97 2290.66 -18.97
Entry Signal

MarketClub’s Trade Triangles for SP600-45103020

long term down The long term trend has been DOWN since Oct 5th, 2018 at 2438.90

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 2190.17

short term up The short term trend has been UP since Jan 15th, 2019 at 2312.61

Smart Scan Analysis for SP600-45103020

Based on a pre-defined weighted trend formula for chart analysis, SP600-45103020 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SP600-45103020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2329.48 2346.08 2277.97 2290.66 -18.97
Prev. Close Volume Bid Ask Time
2290.66 0 2019-01-23 16:45:33
52wk High2843.0252wk High Date2018-06-14
52wk Low2043.4852wk Low Date2018-11-20
Want to analyze S&P 600 SYSTEMS SOFTWARE SUB IND SP600-45103020 or another symbol? Try our Free Index Trend Analysis Report.