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Index Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

S&P 400 - PHARMACEUTICALS INDUSTRY (CME:SP400-352020)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_SP400-352020
Open High Low SP400-352020 Price Change
1478.28 1502.82 1477.12 1503.19 +19.51
Entry Signal

MarketClub’s Trade Triangles for SP400-352020

long term down The long term trend has been DOWN since Aug 4th, 2017 at 1664.81

intermediate term down The intermediate term trend has been DOWN since Jan 19th, 2018 at 1469.37

short term down The short term trend has been DOWN since Jan 18th, 2018 at 1502.88

Smart Scan Analysis for SP400-352020

Based on a pre-defined weighted trend formula for chart analysis, SP400-352020 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SP400-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1478.28 1502.82 1477.12 1503.19 +19.51
Prev. Close Volume Bid Ask Time
1483.68 0 2018-01-22 15:59:39
52wk High1874.0352wk High Date2017-06-08
52wk Low1361.8852wk Low Date2017-11-09
Want to analyze S&P 400 - PHARMACEUTICALS INDUSTRY SP400-352020 or another symbol? Try our Free Index Trend Analysis Report.