Index Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
S&P COMPOSITE 1500 HEALTH CARE EQUIPMEN (CME:SP1500-351010)
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 SP1500-351010
The long term trend has been UP since Feb 1st, 2017 at 1137.45
The intermediate term trend has been UP since Sep 6th, 2017 at 1321.24
The short term trend has been UP since Oct 16th, 2017 at 1356.13
Smart Scan Analysis for SP1500-351010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-351010 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1366.84||52wk High Date||2017-10-06|
|52wk Low||1035.45||52wk Low Date||2016-12-01|