Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
SP 1500 - DIVERSIFIED FINANCIALS (CME:SP1500-4020)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SP1500-4020
The long term trend has been UP since Jul 3rd, 2017 at 632.42
The intermediate term trend has been UP since Apr 18th, 2018 at 738.07
The short term trend has been DOWN since Apr 24th, 2018 at 732.87
Smart Scan Analysis for SP1500-4020
Based on a pre-defined weighted trend formula for chart analysis, SP1500-4020 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||786.11||52wk High Date||2018-01-29|
|52wk Low||576.82||52wk Low Date||2017-05-17|