Index Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
S&P DFI Index ER (CME:SPDFIP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.
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 UP since Jul 14th, 2019 at 109.44
The short term trend has been DOWN since Jul 15th, 2019 at 109.21
Smart Scan Analysis for SPDFIP
Based on a pre-defined weighted trend formula for chart analysis, SPDFIP scored -75 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|