Index Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
S&P COMPOSITE 1500 HEALTH CARE EQUIPMEN (CME:SP1500-3510)
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 SP1500-3510
The long term trend has been DOWN since Dec 18th, 2018 at 1149.07
The intermediate term trend has been UP since Jan 15th, 2019 at 1140.58
The short term trend has been UP since Jan 7th, 2019 at 1118.79
Smart Scan Analysis for SP1500-3510
Based on a pre-defined weighted trend formula for chart analysis, SP1500-3510 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1293.33||52wk High Date||2018-10-01|
|52wk Low||1014.66||52wk Low Date||2018-02-09|