Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
S&P 500 GOLD SUB IND (CME:SP500-15104030)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SP500-15104030
The long term trend has been DOWN since Jun 21st, 2018 at 87.01
The intermediate term trend has been UP since Sep 24th, 2018 at 75.19
The short term trend has been UP since Oct 10th, 2018 at 72.37
Smart Scan Analysis for SP500-15104030
Based on a pre-defined weighted trend formula for chart analysis, SP500-15104030 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||98.85||52wk High Date||2018-01-24|
|52wk Low||68.65||52wk Low Date||2018-09-11|