Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
S&P 400 RETAIL REITS (CME:SP400-60101070)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SP400-60101070
The long term trend has been DOWN since Feb 2nd, 2018 at 96.22
The intermediate term trend has been DOWN since Apr 20th, 2018 at 91.43
The short term trend has been UP since May 22nd, 2018 at 93.89
Smart Scan Analysis for SP400-60101070
Based on a pre-defined weighted trend formula for chart analysis, SP400-60101070 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||110.17||52wk High Date||2018-01-02|
|52wk Low||89.15||52wk Low Date||2018-04-25|