Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

S&P 400 -Building Products (Industry) (CME:SP400-201020)

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.

CME_SP400-201020
Open High Low SP400-201020 Price Change
915.48 919.85 911.66 914.16 -3.07
Entry Signal

MarketClub’s Trade Triangles for SP400-201020

long term down The long term trend has been DOWN since Aug 28th, 2019 at 878.78

intermediate term up The intermediate term trend has been UP since Nov 18th, 2019 at 918.58

short term up The short term trend has been UP since Dec 5th, 2019 at 918.39

Smart Scan Analysis for SP400-201020

Based on a pre-defined weighted trend formula for chart analysis, SP400-201020 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP400-201020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
915.48 919.85 911.66 914.16 -3.07
Prev. Close Volume Bid Ask Time
930.99 4058286 2019-12-10 17:12:07
52wk High894.1852wk High Date2018-09-13
52wk Low689.652wk Low Date2018-10-22
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