Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
S&P 500 - COMMERCIAL & PROFESSIONAL SER (CME:SP500-2020)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SP500-2020
The long term trend has been UP since Jun 6th, 2018 at 271.07
The intermediate term trend has been UP since May 10th, 2018 at 266.39
The short term trend has been DOWN since Jun 18th, 2018 at 272.07
Smart Scan Analysis for SP500-2020
Based on a pre-defined weighted trend formula for chart analysis, SP500-2020 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||274.83||52wk High Date||2018-06-13|
|52wk Low||239.04||52wk Low Date||2017-09-14|