Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
S&P 500 APPAREL ACCESSORIES LUXURY GOODS (CME:SP500-25203010)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Feb 15th, 2018 at 337.07
The short term trend has been DOWN since Feb 16th, 2018 at 322.71
Smart Scan Analysis for SP500-25203010
Based on a pre-defined weighted trend formula for chart analysis, SP500-25203010 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||338.52||52wk High Date||2018-02-15|
|52wk Low||238.03||52wk Low Date||2017-03-22|