Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
CONSUMER STAPLES SELECT SECTOR INDEX (CME:IXR)
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.
MarketClub’s Trade Triangles for IXR
The long term trend has been UP since Jul 26th, 2018 at 537.97
The intermediate term trend has been UP since Oct 22nd, 2018 at 550.86
The short term trend has been DOWN since Nov 13th, 2018 at 564.27
Smart Scan Analysis for IXR
Based on a pre-defined weighted trend formula for chart analysis, IXR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||592.9||52wk High Date||2018-01-29|
|52wk Low||489.64||52wk Low Date||2018-05-03|