Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
S&P 400 - BUILDING PRODUESTS SUB IND (CME:SP400-20102010)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SP400-20102010
The long term trend has been UP since Oct 6th, 2017 at 712.32
The intermediate term trend has been UP since Sep 8th, 2017 at 657.83
The short term trend has been DOWN since Oct 11th, 2017 at 704.23
Smart Scan Analysis for SP400-20102010
Based on a pre-defined weighted trend formula for chart analysis, SP400-20102010 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||720.23||52wk High Date||2017-06-19|
|52wk Low||539.77||52wk Low Date||2016-11-03|