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Index Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

S&P HAREL MATERIALS INDEX (CME:SPHLMAIP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPHLMAIP
Open High Low SPHLMAIP Price Change
1716.55 1720.70 1697.64 1697.64 -18.91
Entry Signal

MarketClub’s Trade Triangles for SPHLMAIP

long term down The long term trend has been DOWN since Dec 12th, 2018 at 1737.42

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 1703.88

short term down The short term trend has been DOWN since Feb 21st, 2019 at 1716.43

Smart Scan Analysis for SPHLMAIP

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

-100
Smart Scan Analysis for SPHLMAIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1716.55 1720.70 1697.64 1697.64 -18.91
Prev. Close Volume Bid Ask Time
1721.63 0 2019-02-21 13:03:28
52wk High1912.1252wk High Date2018-10-03
52wk Low1473.0752wk Low Date2018-04-04
Want to analyze S&P HAREL MATERIALS INDEX SPHLMAIP or another symbol? Try our Free Index Trend Analysis Report.