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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

S&P 400 OIL & GAS DRILLING SUB IND (CME:SP400-10101010)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_SP400-10101010
Open High Low SP400-10101010 Price Change
260.91 260.91 245.56 250.12 -19.32
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 Apr 26th, 2019 at 340.08

short term down The short term trend has been DOWN since May 20th, 2019 at 278.85

Smart Scan Analysis for SP400-10101010

Based on a pre-defined weighted trend formula for chart analysis, SP400-10101010 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SP400-10101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
260.91 260.91 245.56 250.12 -19.32
Prev. Close Volume Bid Ask Time
369.39 0 2019-05-23 16:20:09
52wk High622.5252wk High Date2018-05-17
52wk Low390.352wk Low Date2018-11-28
Want to analyze S&P 400 OIL & GAS DRILLING SUB IND SP400-10101010 or another symbol? Try our Free Index Trend Analysis Report.