Analyze Symbol

Index Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

S&P 400 Oil & Gas Drilling (Sub Ind) (CME:SP400-10101010)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_SP400-10101010
Open High Low SP400-10101010 Price Change
167.04 170.10 164.52 165.91 +1.01
Entry Signal

MarketClub’s Trade Triangles for SP400-10101010

long term down The long term trend has been DOWN since May 1st, 2019 at 314.35

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2019 at 230.49

short term up The short term trend has been UP since Aug 19th, 2019 at 158.53

Smart Scan Analysis for SP400-10101010

Based on a pre-defined weighted trend formula for chart analysis, SP400-10101010 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SP400-10101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
167.04 170.10 164.52 165.91 +1.01
Prev. Close Volume Bid Ask Time
243.6 10022655 2019-08-22 11:41:09
52wk High622.5252wk High Date2018-05-17
52wk Low390.352wk Low Date2018-11-28
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