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Index Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

S&P 500 (CME:SP500)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

CME_SP500
Open High Low SP500 Price Change
2965.81 2969.03 2962.94 2965.03 -5.24
Entry Signal

MarketClub’s Trade Triangles for SP500

long term up The long term trend has been UP since Mar 4th, 2019 at 2813.49

intermediate term down The intermediate term trend has been DOWN since Oct 1st, 2019 at 2945.53

short term up The short term trend has been UP since Oct 7th, 2019 at 2953.74

Smart Scan Analysis for SP500

Based on a pre-defined weighted trend formula for chart analysis, SP500 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2965.81 2969.03 2962.94 2965.03 -5.24
Prev. Close Volume Bid Ask Time
2910.63 89373375 2019-10-14 09:46:01
52wk High2940.9100000052wk High Date2018-09-21
52wk Low2532.6900000052wk Low Date2018-02-09
Want to analyze S&P 500 SP500 or another symbol? Try our Free Index Trend Analysis Report.