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Index Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

S&P 500 Financials (Sector) (CME:SP500-40)

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.

Open High Low SP500-40 Price Change
513.07 515.97 513.07 515.28 +2.21
Entry Signal

MarketClub’s Trade Triangles for SP500-40

long term up The long term trend has been UP since Oct 25th, 2019 at 476.65

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 507.63

short term up The short term trend has been UP since Jan 17th, 2020 at 515.61

Smart Scan Analysis for SP500-40

Based on a pre-defined weighted trend formula for chart analysis, SP500-40 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SP500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
513.07 515.97 513.07 515.28 +2.21
Prev. Close Volume Bid Ask Time
509.47 329161423 2020-01-17 17:07:14
52wk High503.4252wk High Date2018-01-29
52wk Low414.5752wk Low Date2017-12-06
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