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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

S&P 400 Oil, Gas & Consumable Fuels (Industry) (CME:SP400-101020)

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_SP400-101020
Open High Low SP400-101020 Price Change
240.12 245.82 239.53 244.53 +6.18
Entry Signal

MarketClub’s Trade Triangles for SP400-101020

long term down The long term trend has been DOWN since May 23rd, 2019 at 355.4

intermediate term down The intermediate term trend has been DOWN since Nov 18th, 2019 at 253.7

short term up The short term trend has been UP since Dec 4th, 2019 at 240.7

Smart Scan Analysis for SP400-101020

Based on a pre-defined weighted trend formula for chart analysis, SP400-101020 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for SP400-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
240.12 245.82 239.53 244.53 +6.18
Prev. Close Volume Bid Ask Time
238.35 140303094 2019-12-06 16:20:09
52wk High567.0852wk High Date2018-10-09
52wk Low346.6952wk Low Date2018-02-09
Want to analyze S&P 400 Oil, Gas & Consumable Fuels (Industry) SP400-101020 or another symbol? Try our Free Index Trend Analysis Report.