Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
S&P 500 DIVERSIFIED CONSUMER SERVICES I (CME:SP500-253020)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 SP500-253020
The long term trend has been UP since Nov 7th, 2018 at 59.87
The intermediate term trend has been DOWN since Nov 30th, 2018 at 58.41
The short term trend has been DOWN since Dec 14th, 2018 at 58.80
Smart Scan Analysis for SP500-253020
Based on a pre-defined weighted trend formula for chart analysis, SP500-253020 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||64.83||52wk High Date||2018-06-12|
|52wk Low||48.82||52wk Low Date||2018-06-28|