Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

S&P 400 - Biotechnology (Sub Ind) (CME:SP400-35201010)

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_SP400-35201010
Open High Low SP400-35201010 Price Change
3529.23 3567.11 3504.93 3513.15 -32.56
Entry Signal

MarketClub’s Trade Triangles for SP400-35201010

long term down The long term trend has been DOWN since Apr 17th, 2019 at 3962.62

intermediate term up The intermediate term trend has been UP since Aug 19th, 2019 at 3629.12

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 3580.66

Smart Scan Analysis for SP400-35201010

Based on a pre-defined weighted trend formula for chart analysis, SP400-35201010 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SP400-35201010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3529.23 3567.11 3504.93 3513.15 -32.56
Prev. Close Volume Bid Ask Time
3641.2 535949 2019-08-23 11:12:09
52wk High4895.5652wk High Date2018-08-02
52wk Low2951.9952wk Low Date2017-12-01
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