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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

S&P MILA 40 INDEX COP (CME:SPMILAO)

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_SPMILAO
Open High Low SPMILAO Price Change
929.84 929.98 922.10 929.84 +1.43
Entry Signal

MarketClub’s Trade Triangles for SPMILAO

long term up The long term trend has been UP since Dec 18th, 2018 at 895.34

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 922.76

short term down The short term trend has been DOWN since Apr 11th, 2019 at 933.13

Smart Scan Analysis for SPMILAO

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

-60
Smart Scan Analysis for SPMILAO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
929.84 929.98 922.10 929.84 +1.43
Prev. Close Volume Bid Ask Time
918.08 0 2019-04-23 16:29:51
52wk High981.952wk High Date2018-01-30
52wk Low838.952wk Low Date2018-09-11
Want to analyze S&P MILA 40 INDEX COP SPMILAO or another symbol? Try our Free Index Trend Analysis Report.