Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

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

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_SP500-35201010
Open High Low SP500-35201010 Price Change
3778.92 3778.92 3743.44 3745.95 -20.71
Entry Signal

MarketClub’s Trade Triangles for SP500-35201010

long term down The long term trend has been DOWN since Mar 22nd, 2018 at 3820.79

intermediate term up The intermediate term trend has been UP since Jun 11th, 2018 at 3789.56

short term up The short term trend has been UP since Jun 20th, 2018 at 3806.65

Smart Scan Analysis for SP500-35201010

Based on a pre-defined weighted trend formula for chart analysis, SP500-35201010 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP500-35201010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3778.92 3778.92 3743.44 3745.95 -20.71
Prev. Close Volume Bid Ask Time
3745.95 0 2018-06-22 16:01:23
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.