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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

S&P 400 BANKS INDUSTRY GROUP (CME:SP400-4010)

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_SP400-4010
Open High Low SP400-4010 Price Change
394.13 398.44 394.13 397.71 +5.69
Entry Signal

MarketClub’s Trade Triangles for SP400-4010

long term up The long term trend has been UP since Feb 12th, 2019 at 422.96

intermediate term down The intermediate term trend has been DOWN since May 13th, 2019 at 408.18

short term down The short term trend has been DOWN since May 8th, 2019 at 421.04

Smart Scan Analysis for SP400-4010

Based on a pre-defined weighted trend formula for chart analysis, SP400-4010 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP400-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
394.13 398.44 394.13 397.71 +5.69
Prev. Close Volume Bid Ask Time
426.62 0 2019-05-24 16:49:41
52wk High508.6352wk High Date2018-06-07
52wk Low380.2452wk Low Date2018-10-24
Want to analyze S&P 400 BANKS INDUSTRY GROUP SP400-4010 or another symbol? Try our Free Index Trend Analysis Report.