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Index Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

S&P Composite 1500 Materials (Industry Group) (CME:SP1500-1510)

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_SP1500-1510
Open High Low SP1500-1510 Price Change
400.28 400.28 395.23 397.10 -3.19
Entry Signal

MarketClub’s Trade Triangles for SP1500-1510

long term up The long term trend has been UP since Aug 28th, 2019 at 396.77

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 398.62

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 401.48

Smart Scan Analysis for SP1500-1510

Based on a pre-defined weighted trend formula for chart analysis, SP1500-1510 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP1500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
400.28 400.28 395.23 397.10 -3.19
Prev. Close Volume Bid Ask Time
396.52 156198113 2020-01-24 17:00:37
52wk High434.6852wk High Date2018-01-26
52wk Low339.7852wk Low Date2018-10-26
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