Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
S&P 400 - PROFESSIONAL SERVICES INDUSTRY (CME:SP400-202020)
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 SP400-202020
The long term trend has been UP since Aug 9th, 2018 at 189.97
The intermediate term trend has been UP since Jul 23rd, 2018 at 181.84
The short term trend has been UP since Aug 21st, 2018 at 191.04
Smart Scan Analysis for SP400-202020
Based on a pre-defined weighted trend formula for chart analysis, SP400-202020 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||233.14||52wk High Date||2018-01-29|
|52wk Low||172.85||52wk Low Date||2018-07-02|