Index Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
S&P DCFI Index (CME:SPDCFI)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for SPDCFI
The long term trend has been DOWN since Jan 18th, 2019 at 133.22
The intermediate term trend has been DOWN since Jan 7th, 2020 at 122.99
The short term trend has been DOWN since Jan 21st, 2020 at 121.60
Smart Scan Analysis for SPDCFI
Based on a pre-defined weighted trend formula for chart analysis, SPDCFI scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||142.54||52wk High Date||2018-11-23|
|52wk Low||127.73||52wk Low Date||2017-12-06|