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Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_SP500-3520
Open High Low SP500-3520 Price Change
897.61 901.19 897.61 898.29 +1.41
Entry Signal

MarketClub’s Trade Triangles for SP500-3520

long term down The long term trend has been DOWN since Dec 18th, 2018 at 839.80

intermediate term up The intermediate term trend has been UP since Jun 7th, 2019 at 884.29

short term up The short term trend has been UP since Jun 18th, 2019 at 892.23

Smart Scan Analysis for SP500-3520

Based on a pre-defined weighted trend formula for chart analysis, SP500-3520 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SP500-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
897.61 901.19 897.61 898.29 +1.41
Prev. Close Volume Bid Ask Time
864.51 38161250 2019-06-19 13:14:53
52wk High941.9252wk High Date2018-10-03
52wk Low775.1352wk Low Date2018-05-03
Want to analyze S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) SP500-3520 or another symbol? Try our Free Index Trend Analysis Report.