Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
S&P COMPOSITE 1500 FOOTWEAR SUB IND (CME:SP1500-25203020)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 SP1500-25203020
The long term trend has been UP since Nov 27th, 2017 at 1598.79
The intermediate term trend has been UP since Apr 4th, 2018 at 1824.66
The short term trend has been UP since May 7th, 2018 at 1821.38
Smart Scan Analysis for SP1500-25203020
Based on a pre-defined weighted trend formula for chart analysis, SP1500-25203020 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1925.63||52wk High Date||2018-05-22|
|52wk Low||1356.74||52wk Low Date||2017-10-12|