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Index Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_SPMILAO
Open High Low SPMILAO Price Change
884.19 884.19 875.87 875.92 -4.68
Entry Signal

MarketClub’s Trade Triangles for SPMILAO

long term down The long term trend has been DOWN since May 9th, 2019 at 906.23

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

short term up The short term trend has been UP since May 16th, 2019 at 885.52

Smart Scan Analysis for SPMILAO

Based on a pre-defined weighted trend formula for chart analysis, SPMILAO scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SPMILAO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
884.19 884.19 875.87 875.92 -4.68
Prev. Close Volume Bid Ask Time
918.08 0 2019-05-17 16:29:31
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.