Index Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
S&P 500 DIVERSIFIED CONSUMER SERVICES I (CME:SP500-253020)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SP500-253020
The long term trend has been DOWN since Jun 13th, 2018 at 52.84
The intermediate term trend has been DOWN since Sep 10th, 2018 at 55.95
The short term trend has been UP since Sep 19th, 2018 at 55.17
Smart Scan Analysis for SP500-253020
Based on a pre-defined weighted trend formula for chart analysis, SP500-253020 scored -75 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|