Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
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 UP since Dec 3rd, 2018 at 185.32526
The intermediate term trend has been DOWN since Dec 20th, 2018 at 167.40000
The short term trend has been UP since Jan 4th, 2019 at 174.01000
Smart Scan Analysis for SP500-20106015
Based on a pre-defined weighted trend formula for chart analysis, SP500-20106015 scored +75 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|