Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
S&P COMPOSITE 1500 DIVERSIFIED FINANCIAL (CME:SP1500-402010)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SP1500-402010
The long term trend has been UP since Jul 3rd, 2017 at 102.06
The intermediate term trend has been DOWN since Mar 22nd, 2018 at 117.44
The short term trend has been DOWN since Mar 14th, 2018 at 121.78
Smart Scan Analysis for SP1500-402010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-402010 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||128.61||52wk High Date||2018-01-29|
|52wk Low||95.52||52wk Low Date||2017-05-18|