Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
S&P 500 HOMEBUILDING SUB IND (CME:SP500-25201030)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SP500-25201030
The long term trend has been UP since Jan 24th, 2017 at 683.48
The intermediate term trend has been UP since May 19th, 2017 at 779.20
The short term trend has been UP since Aug 15th, 2017 at 832.27
Smart Scan Analysis for SP500-25201030
Based on a pre-defined weighted trend formula for chart analysis, SP500-25201030 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||839.03||52wk High Date||2017-07-10|
|52wk Low||603.49||52wk Low Date||2016-11-09|