Index Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
S&P 400 HEALTH CARE (CME:SP400-35)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SP400-35
The long term trend has been UP since Jan 9th, 2017 at 1342.12
The intermediate term trend has been UP since Mar 7th, 2018 at 1717.18
The short term trend has been DOWN since Mar 15th, 2018 at 1731.41
Smart Scan Analysis for SP400-35
Based on a pre-defined weighted trend formula for chart analysis, SP400-35 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1782.61||52wk High Date||2018-01-29|
|52wk Low||1396.11||52wk Low Date||2017-03-22|