Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
2369.23 2385.46 2344.39 2357.36 +7.25
Entry Signal

MarketClub’s Trade Triangles for SP600-45103020

long term up The long term trend has been UP since Feb 1st, 2019 at 2426.95

intermediate term down The intermediate term trend has been DOWN since May 10th, 2019 at 2370.85

short term down The short term trend has been DOWN since May 20th, 2019 at 2321.11

Smart Scan Analysis for SP600-45103020

Based on a pre-defined weighted trend formula for chart analysis, SP600-45103020 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP600-45103020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2369.23 2385.46 2344.39 2357.36 +7.25
Prev. Close Volume Bid Ask Time
2375.2 0 2019-05-24 16:49:41
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.