Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P COMPOSITE 1500 DIVERSIFIED FINANCIAL (CME:SP1500-402010)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Aug 6th, 2018 at 119.54
The intermediate term trend has been DOWN since Oct 10th, 2018 at 125.96
The short term trend has been UP since Oct 17th, 2018 at 124.08
Smart Scan Analysis for SP1500-402010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-402010 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||131.85||52wk High Date||2018-10-09|
|52wk Low||106.92||52wk Low Date||2017-11-20|