Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
S&P 500 HOTELS RESORTS & CRUISE LINES (CME:SP500-25301020)
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 SP500-25301020
The long term trend has been DOWN since Apr 2nd, 2018 at 569.41
The intermediate term trend has been UP since Aug 21st, 2018 at 551.63
The short term trend has been UP since Sep 7th, 2018 at 559.28
Smart Scan Analysis for SP500-25301020
Based on a pre-defined weighted trend formula for chart analysis, SP500-25301020 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||644.11||52wk High Date||2018-01-30|
|52wk Low||518.86||52wk Low Date||2017-09-20|