Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
S&P Strategic Financial Futures Index ER (CME:SPSFFIP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPSFFIP
The long term trend has been UP since Apr 24th, 2019 at 98.93
The intermediate term trend has been UP since Mar 22nd, 2019 at 98.32
The short term trend has been DOWN since Jun 19th, 2019 at 100.20
Smart Scan Analysis for SPSFFIP
Based on a pre-defined weighted trend formula for chart analysis, SPSFFIP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).