Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
S&P COMPOSITE 1500 PACKAGED FOODS & MEA (CME:SP1500-30202030)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SP1500-30202030
The long term trend has been UP since Jul 6th, 2018 at 585.73
The intermediate term trend has been UP since Aug 3rd, 2018 at 589.48
The short term trend has been DOWN since Sep 18th, 2018 at 594.13
Smart Scan Analysis for SP1500-30202030
Based on a pre-defined weighted trend formula for chart analysis, SP1500-30202030 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||646.11||52wk High Date||2018-01-25|
|52wk Low||530.82||52wk Low Date||2018-05-03|