Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
S&P COMPOSITE 1500 STEEL SUB IND (CME:SP1500-15104050)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for SP1500-15104050
The long term trend has been UP since Oct 20th, 2017 at 163.46
The intermediate term trend has been UP since Feb 16th, 2018 at 198.90
The short term trend has been UP since Feb 12th, 2018 at 180.79
Smart Scan Analysis for SP1500-15104050
Based on a pre-defined weighted trend formula for chart analysis, SP1500-15104050 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||201||52wk High Date||2018-02-16|
|52wk Low||140.71||52wk Low Date||2017-05-18|