Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
S&P 500 AGRICULTURAL & FARM MACHINERY (S) (CME:SP500-20106015)
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 SP500-20106015
The long term trend has been DOWN since Apr 4th, 2018 at 171.80263
The intermediate term trend has been UP since May 18th, 2018 at 173.57150
The short term trend has been UP since May 18th, 2018 at 172.34959
Smart Scan Analysis for SP500-20106015
Based on a pre-defined weighted trend formula for chart analysis, SP500-20106015 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||203.9102||52wk High Date||2018-02-16|
|52wk Low||121.63||52wk Low Date||2017-12-06|