Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
S&P 400 SEMICONDUCTORS & SEMICONDUCTOR (CME:SP400-4530)
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 SP400-4530
The long term trend has been UP since Mar 6th, 2018 at 1358.09
The intermediate term trend has been DOWN since Jun 8th, 2018 at 1301.99
The short term trend has been UP since Jun 13th, 2018 at 1333.83
Smart Scan Analysis for SP400-4530
Based on a pre-defined weighted trend formula for chart analysis, SP400-4530 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1420.92||52wk High Date||2018-03-13|
|52wk Low||1010.04||52wk Low Date||2017-07-06|