Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
S&P 500 APPAREL ACCESSORIES LUXURY GOODS (CME:SP500-25203010)
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 SP500-25203010
The long term trend has been UP since May 8th, 2017 at 261.61
The intermediate term trend has been UP since Sep 11th, 2017 at 282.13
The short term trend has been DOWN since Sep 14th, 2017 at 279.05
Smart Scan Analysis for SP500-25203010
Based on a pre-defined weighted trend formula for chart analysis, SP500-25203010 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||301.34||52wk High Date||2016-09-23|
|52wk Low||230.14||52wk Low Date||2017-02-08|