Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
S&P 500 LEISURE PRODUESTS SUB IND (CME:SP500-25202010)
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 SP500-25202010
The long term trend has been DOWN since Aug 2nd, 2017 at 233.01
The intermediate term trend has been UP since Nov 13th, 2017 at 204.11
The short term trend has been UP since Nov 9th, 2017 at 189.06
Smart Scan Analysis for SP500-25202010
Based on a pre-defined weighted trend formula for chart analysis, SP500-25202010 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||265.12||52wk High Date||2016-11-25|
|52wk Low||181.55||52wk Low Date||2017-11-08|