Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
S&P 500 LEISURE EQUIPMENT & PRODUESTS I (CME:SP500-252020)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SP500-252020
The long term trend has been UP since Jul 5th, 2018 at 90.62
The intermediate term trend has been UP since Apr 27th, 2018 at 82.91
The short term trend has been DOWN since Jul 13th, 2018 at 91.59
Smart Scan Analysis for SP500-252020
Based on a pre-defined weighted trend formula for chart analysis, SP500-252020 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||112.53||52wk High Date||2017-07-21|
|52wk Low||72.66||52wk Low Date||2018-04-23|