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Index Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

S&P 500 - BIOTECH SUB IND (CME:SP500-35201010)

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_SP500-35201010
Open High Low SP500-35201010 Price Change
3999.33 3999.33 3960.86 3979.18 -40.15
Entry Signal

MarketClub’s Trade Triangles for SP500-35201010

long term up The long term trend has been UP since Jul 5th, 2018 at 3809.57

intermediate term up The intermediate term trend has been UP since Aug 7th, 2018 at 4069.05

short term down The short term trend has been DOWN since Aug 15th, 2018 at 3980.94

Smart Scan Analysis for SP500-35201010

Based on a pre-defined weighted trend formula for chart analysis, SP500-35201010 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SP500-35201010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3999.33 3999.33 3960.86 3979.18 -40.15
Prev. Close Volume Bid Ask Time
3979.18 0 2018-08-15 16:02:23
52wk High4515.6352wk High Date2018-01-29
52wk Low3560.4852wk Low Date2018-04-06
Want to analyze S&P 500 - BIOTECH SUB IND SP500-35201010 or another symbol? Try our Free Index Trend Analysis Report.