Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
3837.93 3926.05 3837.93 3909.96 +62.98
Entry Signal

MarketClub’s Trade Triangles for SP500-35201010

long term down The long term trend has been DOWN since Oct 24th, 2018 at 3709.40

intermediate term up The intermediate term trend has been UP since Jan 4th, 2019 at 3804.80

short term up The short term trend has been UP since Jan 16th, 2019 at 3892.32

Smart Scan Analysis for SP500-35201010

Based on a pre-defined weighted trend formula for chart analysis, SP500-35201010 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SP500-35201010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3837.93 3926.05 3837.93 3909.96 +62.98
Prev. Close Volume Bid Ask Time
3857.65 0 2019-01-17 16:47:20
52wk High4515.6352wk High Date2018-01-29
52wk Low3501.4952wk Low Date2018-10-25
Want to analyze S&P 500 - BIOTECH SUB IND SP500-35201010 or another symbol? Try our Free Index Trend Analysis Report.