Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
S&P COMPOSITE 1500 INFORMATION TECH (CME:SP1500-45)
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 SP1500-45
The long term trend has been UP since Feb 26th, 2018 at 1233.68
The intermediate term trend has been UP since Jul 12th, 2018 at 1297.42
The short term trend has been UP since Jul 3rd, 2018 at 1259.75
Smart Scan Analysis for SP1500-45
Based on a pre-defined weighted trend formula for chart analysis, SP1500-45 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1314.02||52wk High Date||2018-07-17|
|52wk Low||999.27||52wk Low Date||2017-08-10|