Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
S&P COMPOSITE 1500 PACKAGED FOODS & MEA (CME:SP1500-30202030)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SP1500-30202030
The long term trend has been DOWN since Mar 1st, 2018 at 587.89
The intermediate term trend has been UP since Jun 11th, 2018 at 557.54
The short term trend has been UP since Jun 8th, 2018 at 552.11
Smart Scan Analysis for SP1500-30202030
Based on a pre-defined weighted trend formula for chart analysis, SP1500-30202030 scored +70 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|