Index Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
S&P 400 MEDIA INDUSTRY GROUP (CME:SP400-2540)
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 SP400-2540
The long term trend has been UP since Jul 5th, 2018 at 187.14
The intermediate term trend has been UP since Aug 21st, 2018 at 185.87
The short term trend has been UP since Sep 12th, 2018 at 188.97
Smart Scan Analysis for SP400-2540
Based on a pre-defined weighted trend formula for chart analysis, SP400-2540 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||196.51||52wk High Date||2018-09-21|
|52wk Low||162.21||52wk Low Date||2017-11-03|