Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
S&P COMPOSITE 1500 GAS UTIL SUB INC (CME:SP1500-55102010)
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 SP1500-55102010
The long term trend has been UP since May 3rd, 2018 at 772.77
The intermediate term trend has been DOWN since Oct 12th, 2018 at 824.43
The short term trend has been UP since Oct 18th, 2018 at 847.75
Smart Scan Analysis for SP1500-55102010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-55102010 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||872.32||52wk High Date||2018-10-10|
|52wk Low||685.79||52wk Low Date||2018-02-06|