Index Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
S&P COMP 1500 APPAREL ACCESSORIES LUXURY (CME:SP1500-25203010)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SP1500-25203010
The long term trend has been UP since May 8th, 2017 at 468.10
The intermediate term trend has been DOWN since May 16th, 2017 at 446.08
The short term trend has been UP since May 22nd, 2017 at 444.36
Smart Scan Analysis for SP1500-25203010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-25203010 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||582.42||52wk High Date||2016-08-23|
|52wk Low||417||52wk Low Date||2017-02-08|