Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
S&P 400 TEXTILES APPAREL & LUXURY GOODS (CME:SP400-252030)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 SP400-252030
The long term trend has been UP since Dec 8th, 2016 at 1804.08
The intermediate term trend has been UP since Oct 20th, 2017 at 1783.90
The short term trend has been UP since Nov 9th, 2017 at 1913.85
Smart Scan Analysis for SP400-252030
Based on a pre-defined weighted trend formula for chart analysis, SP400-252030 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2089.85||52wk High Date||2017-11-22|
|52wk Low||1520.6||52wk Low Date||2017-02-08|