Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

SPTEST2 (CME:SPTEST2)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_SPTEST2
Open High Low SPTEST2 Price Change
1310.73 1312.01 1305.69 1310.73 +1.57
Entry Signal

MarketClub’s Trade Triangles for SPTEST2

long term down The long term trend has been DOWN since Aug 14th, 2019 at 1234.42

intermediate term up The intermediate term trend has been UP since Oct 15th, 2019 at 1305.56

short term up The short term trend has been UP since Oct 8th, 2019 at 1274.27

Smart Scan Analysis for SPTEST2

Based on a pre-defined weighted trend formula for chart analysis, SPTEST2 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SPTEST2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1310.73 1312.01 1305.69 1310.73 +1.57
Prev. Close Volume Bid Ask Time
1259.56 0 2019-10-16 20:15:48
52wk High1494.6100000052wk High Date2018-01-25
52wk Low1197.3500000052wk Low Date2018-10-26
Estimated Volume3
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