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Index Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

S&P 500 Building Products (Sub Ind) (CME:SP500-20102010)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_SP500-20102010
Open High Low SP500-20102010 Price Change
391.72 396.16 389.25 394.48 +5.76
Entry Signal

MarketClub’s Trade Triangles for SP500-20102010

long term up The long term trend has been UP since Feb 12th, 2019 at 316.60

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 394.34

short term down The short term trend has been DOWN since Jan 24th, 2020 at 395.66

Smart Scan Analysis for SP500-20102010

Based on a pre-defined weighted trend formula for chart analysis, SP500-20102010 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SP500-20102010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
391.72 396.16 389.25 394.48 +5.76
Prev. Close Volume Bid Ask Time
390.83 17477384 2020-01-28 17:20:57
52wk High390.2752wk High Date2018-01-26
52wk Low272.5552wk Low Date2018-10-29
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