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Index Trend Analysis Report

Prepared for you on Tuesday, November 12, 2019.

S&P ADR Index (CME:SPADR)

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_SPADR
Open High Low SPADR Price Change
1557.45 1558.54 1549.46 1556.91 -0.54
Entry Signal

MarketClub’s Trade Triangles for SPADR

long term up The long term trend has been UP since Nov 1st, 2019 at 1541.90

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 1516.71

short term down The short term trend has been DOWN since Nov 8th, 2019 at 1552.81

Smart Scan Analysis for SPADR

Based on a pre-defined weighted trend formula for chart analysis, SPADR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SPADR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1557.45 1558.54 1549.46 1556.91 -0.54
Prev. Close Volume Bid Ask Time
1514.59 0 2019-11-11 18:33:27
52wk High1753.8952wk High Date2018-01-25
52wk Low1423.8952wk Low Date2018-10-26
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