Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
S&P 400 HOUSEHOLD PRODUESTS INDUSTRY (CME:SP400-303010)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SP400-303010
The long term trend has been DOWN since Sep 27th, 2018 at 2327.44
The intermediate term trend has been DOWN since Dec 18th, 2018 at 1767.19
The short term trend has been DOWN since Jan 14th, 2019 at 1865.92
Smart Scan Analysis for SP400-303010
Based on a pre-defined weighted trend formula for chart analysis, SP400-303010 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2599.84||52wk High Date||2018-08-03|
|52wk Low||1784.24||52wk Low Date||2017-12-01|