Index Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
S&P Strategic Financial Futures Index ER (CME:SPSFFIP)
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.
MarketClub’s Trade Triangles for SPSFFIP
The long term trend has been UP since Apr 24th, 2019 at 98.93
The intermediate term trend has been DOWN since Sep 9th, 2019 at 102.02
The short term trend has been DOWN since Sep 5th, 2019 at 102.58
Smart Scan Analysis for SPSFFIP
Based on a pre-defined weighted trend formula for chart analysis, SPSFFIP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).