Index Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
S&P 400 HOTELS RESTAURANTS & LEISURE INC (CME:SP400-253010)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 SP400-253010
The long term trend has been UP since Feb 4th, 2016 at 370.25
The intermediate term trend has been DOWN since Jun 21st, 2017 at 488.44
The short term trend has been DOWN since Jul 25th, 2017 at 479.54
Smart Scan Analysis for SP400-253010
Based on a pre-defined weighted trend formula for chart analysis, SP400-253010 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||514.33||52wk High Date||2017-06-02|
|52wk Low||398.57||52wk Low Date||2016-10-06|