Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
SPDR S&P 500 GROWTH ETF [NAV] (PACF:SPYG.NV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for SPYG.NV
The long term trend has been UP since Jun 5th, 2018 at 35.6871
The intermediate term trend has been UP since Jul 13th, 2018 at 36.2529
The short term trend has been DOWN since Aug 13th, 2018 at 37.1360
Smart Scan Analysis for SPYG.NV
Based on a pre-defined weighted trend formula for chart analysis, SPYG.NV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||126.2938||52wk High Date||2017-10-16|
|52wk Low||29.9774||52wk Low Date||2017-08-21|