Index Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
S&P COMMODITY TRADING STRATEGY EXCESS REALTY (CME:SPDFIP)
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 SPDFIP
The long term trend has been DOWN since Jan 18th, 2019 at 111.48
The intermediate term trend has been DOWN since May 3rd, 2019 at 112.93
The short term trend has been DOWN since May 13th, 2019 at 113.26
Smart Scan Analysis for SPDFIP
Based on a pre-defined weighted trend formula for chart analysis, SPDFIP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||115.26||52wk High Date||2018-11-27|
|52wk Low||110.37||52wk Low Date||2018-02-09|