Index Trend Analysis Report
Prepared for you on Wednesday, January 18, 2017.
S&P 400 HOTELS RESTAURANTS & LEISURE INC (CME:SP400-253010)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 Dec 28th, 2016 at 453.65
The short term trend has been DOWN since Jan 17th, 2017 at 445.44
Smart Scan Analysis for SP400-253010
Based on a pre-defined weighted trend formula for chart analysis, SP400-253010 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||467.8||52wk High Date||2016-12-08|
|52wk Low||332.89||52wk Low Date||2016-01-20|