Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
S&P COMPOSITE 1500 DISTRIBUTORS SUB IND (CME:SP1500-25501010)
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 SP1500-25501010
The long term trend has been UP since Jul 24th, 2018 at 357.43
The intermediate term trend has been UP since Jul 13th, 2018 at 344.41
The short term trend has been UP since Aug 16th, 2018 at 360.52
Smart Scan Analysis for SP1500-25501010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-25501010 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||392.6||52wk High Date||2018-01-29|
|52wk Low||302.58||52wk Low Date||2017-08-30|