Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

S&P 400 CHEMICALS INDUSTRY (CME:SP400-151010)

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.

CME_SP400-151010
Open High Low SP400-151010 Price Change
586.52 586.52 574.71 581.13 -7.12
Entry Signal

MarketClub’s Trade Triangles for SP400-151010

long term up The long term trend has been UP since Jul 9th, 2018 at 598.92

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 589.09

short term down The short term trend has been DOWN since Aug 2nd, 2018 at 596.53

Smart Scan Analysis for SP400-151010

Based on a pre-defined weighted trend formula for chart analysis, SP400-151010 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP400-151010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
586.52 586.52 574.71 581.13 -7.12
Prev. Close Volume Bid Ask Time
581.13 0 2018-08-15 16:05:54
52wk High640.4452wk High Date2018-01-25
52wk Low543.6552wk Low Date2018-05-01
Want to analyze S&P 400 CHEMICALS INDUSTRY SP400-151010 or another symbol? Try our Free Index Trend Analysis Report.