Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
S&P COMP 1500 APPAREL ACCESSORIES LUXURY (CME:SP1500-25203010)
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 SP1500-25203010
The long term trend has been UP since May 8th, 2017 at 468.10
The intermediate term trend has been UP since May 25th, 2018 at 607.52
The short term trend has been DOWN since Jun 14th, 2018 at 629.71
Smart Scan Analysis for SP1500-25203010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-25203010 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||641.74||52wk High Date||2018-06-12|
|52wk Low||456.43||52wk Low Date||2017-06-21|