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Index Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

S&P BIOTECH SELECT INDUSTRY (CME:SPSIBI)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPSIBI
Open High Low SPSIBI Price Change
6917.26 7305.80 6917.26 7297.64 +380.38
Entry Signal

MarketClub’s Trade Triangles for SPSIBI

long term up The long term trend has been UP since Feb 15th, 2017 at 5290.74

intermediate term up The intermediate term trend has been UP since Dec 4th, 2017 at 6531.74

short term up The short term trend has been UP since Jan 10th, 2018 at 6817.45

Smart Scan Analysis for SPSIBI

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

+100
Smart Scan Analysis for SPSIBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6917.26 7305.80 6917.26 7297.64 +380.38
Prev. Close Volume Bid Ask Time
6917.26 0 2018-01-22 15:59:35
52wk High7014.3152wk High Date2018-01-16
52wk Low4744.6352wk Low Date2017-01-24
Want to analyze S&P BIOTECH SELECT INDUSTRY SPSIBI or another symbol? Try our Free Index Trend Analysis Report.