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Index Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

S&P 500 Financials (Sector) (CME:SP500-40)

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.

Open High Low SP500-40 Price Change
510.99 510.99 501.01 504.03 -6.96
Entry Signal

MarketClub’s Trade Triangles for SP500-40

long term up The long term trend has been UP since Oct 25th, 2019 at 476.65

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 507.63

short term down The short term trend has been DOWN since Jan 23rd, 2020 at 510.54

Smart Scan Analysis for SP500-40

Based on a pre-defined weighted trend formula for chart analysis, SP500-40 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SP500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
510.99 510.99 501.01 504.03 -6.96
Prev. Close Volume Bid Ask Time
509.47 300370075 2020-01-24 17:00:37
52wk High503.4252wk High Date2018-01-29
52wk Low414.5752wk Low Date2017-12-06
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