Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
S&P 400 REAL ESTATE MGMT (CME:SP400-601020)
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 SP400-601020
The long term trend has been UP since Apr 27th, 2017 at 111.42
The intermediate term trend has been DOWN since May 15th, 2018 at 155.81
The short term trend has been UP since May 18th, 2018 at 158.10
Smart Scan Analysis for SP400-601020
Based on a pre-defined weighted trend formula for chart analysis, SP400-601020 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||165.87||52wk High Date||2018-03-21|
|52wk Low||104.6||52wk Low Date||2017-05-31|