Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
S&P 400 - OIL & GAS REFINING & MARKETING (CME:SP400-10102030)
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 SP400-10102030
The long term trend has been UP since Apr 11th, 2018 at 141.11
The intermediate term trend has been DOWN since Jun 21st, 2018 at 176.58
The short term trend has been DOWN since Jul 12th, 2018 at 163.04
Smart Scan Analysis for SP400-10102030
Based on a pre-defined weighted trend formula for chart analysis, SP400-10102030 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||201.28||52wk High Date||2018-06-04|
|52wk Low||85.26||52wk Low Date||2017-08-18|