Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
S&P MID-CAP CONSUMER FINANCE (CME:SP400-402020)
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 SP400-402020
The long term trend has been UP since Nov 29th, 2017 at 125.16
The intermediate term trend has been DOWN since Jan 17th, 2018 at 121.38
The short term trend has been UP since Feb 14th, 2018 at 118.57
Smart Scan Analysis for SP400-402020
Based on a pre-defined weighted trend formula for chart analysis, SP400-402020 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||142.22||52wk High Date||2017-04-20|
|52wk Low||104.21||52wk Low Date||2017-11-15|