Index Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
S&P 400 - BUILDING PRODUESTS INDUSTRY (CME:SP400-201020)
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 SP400-201020
The long term trend has been DOWN since Oct 12th, 2018 at 764.75
The intermediate term trend has been UP since Jan 9th, 2019 at 805.07
The short term trend has been DOWN since Jan 15th, 2019 at 794.52
Smart Scan Analysis for SP400-201020
Based on a pre-defined weighted trend formula for chart analysis, SP400-201020 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||894.18||52wk High Date||2018-09-13|
|52wk Low||689.6||52wk Low Date||2018-10-22|