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Index Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

S&P 400 FINANCIALS (CME:SP400-40)

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_SP400-40
Open High Low SP400-40 Price Change
908.70 931.61 905.03 931.26 +16.40
Entry Signal

MarketClub’s Trade Triangles for SP400-40

long term down The long term trend has been DOWN since Sep 27th, 2018 at 996.79

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2018 at 1027.83

short term down The short term trend has been DOWN since Nov 12th, 2018 at 928.01

Smart Scan Analysis for SP400-40

Based on a pre-defined weighted trend formula for chart analysis, SP400-40 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SP400-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
908.70 931.61 905.03 931.26 +16.40
Prev. Close Volume Bid Ask Time
931.26 0 2018-11-15 16:06:37
52wk High1086.7552wk High Date2018-03-13
52wk Low869.4552wk Low Date2018-10-24
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