Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
S&P 400 HEALTH CARE PROVIDERS & SERVICE (CME:SP400-351020)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SP400-351020
The long term trend has been UP since Nov 30th, 2017 at 657.45
The intermediate term trend has been UP since Feb 27th, 2018 at 675.29
The short term trend has been DOWN since Mar 19th, 2018 at 695.90
Smart Scan Analysis for SP400-351020
Based on a pre-defined weighted trend formula for chart analysis, SP400-351020 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||715.59||52wk High Date||2018-01-29|
|52wk Low||588.93||52wk Low Date||2017-10-13|