Index Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
S&P 500 LEISURE EQUIPMENT & PRODUESTS I (CME:SP500-252020)
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 SP500-252020
The long term trend has been DOWN since Aug 2nd, 2017 at 101.37
The intermediate term trend has been UP since Nov 13th, 2017 at 88.80
The short term trend has been UP since Nov 9th, 2017 at 82.25
Smart Scan Analysis for SP500-252020
Based on a pre-defined weighted trend formula for chart analysis, SP500-252020 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||115.34||52wk High Date||2016-11-25|
|52wk Low||78.99||52wk Low Date||2017-11-08|