Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
S&P 400 TEXTILES APPAREL & LUXURY GOODS (CME:SP400-252030)
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 SP400-252030
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 DOWN since Feb 20th, 2018 at 2423.19
Smart Scan Analysis for SP400-252030
Based on a pre-defined weighted trend formula for chart analysis, SP400-252030 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2507.99||52wk High Date||2018-02-02|
|52wk Low||1557.8||52wk Low Date||2017-05-24|