Index Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
S&P COMP 1500 APPAREL ACCESSORIES LUXURY (CME:SP1500-25203010)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SP1500-25203010
The long term trend has been DOWN since Jun 27th, 2016 at 513.76
The intermediate term trend has been DOWN since Dec 15th, 2016 at 492.69
The short term trend has been UP since Feb 9th, 2017 at 430.54
Smart Scan Analysis for SP1500-25203010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-25203010 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||625.99||52wk High Date||2016-04-08|
|52wk Low||417||52wk Low Date||2017-02-08|