Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
S&P 400 APPLICATION SOFTWARE SUB IND (CME:SP400-45103010)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SP400-45103010
The long term trend has been UP since Apr 1st, 2016 at 1283.49
The intermediate term trend has been UP since Aug 21st, 2018 at 2337.38
The short term trend has been DOWN since Sep 17th, 2018 at 2474.13
Smart Scan Analysis for SP400-45103010
Based on a pre-defined weighted trend formula for chart analysis, SP400-45103010 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2557.66||52wk High Date||2018-09-14|
|52wk Low||1717.21||52wk Low Date||2017-09-21|