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Index Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

S&P 400 Oil & Gas Equipment & Services (Sub Ind) (CME:SP400-10101020)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_SP400-10101020
Open High Low SP400-10101020 Price Change
240.02 241.58 238.76 239.81 -2.41
Entry Signal

MarketClub’s Trade Triangles for SP400-10101020

long term down The long term trend has been DOWN since May 13th, 2019 at 342.37

intermediate term down The intermediate term trend has been DOWN since Jul 25th, 2019 at 335.61

short term up The short term trend has been UP since Aug 19th, 2019 at 241.33

Smart Scan Analysis for SP400-10101020

Based on a pre-defined weighted trend formula for chart analysis, SP400-10101020 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP400-10101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
240.02 241.58 238.76 239.81 -2.41
Prev. Close Volume Bid Ask Time
303.56 652475 2019-08-20 10:07:39
52wk High626.5752wk High Date2018-05-22
52wk Low375.6752wk Low Date2018-11-28
Want to analyze S&P 400 Oil & Gas Equipment & Services (Sub Ind) SP400-10101020 or another symbol? Try our Free Index Trend Analysis Report.