Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
S&P 500 MOVIES & ENTERTAINMENT SUB IND (CME:SP500-25401030)
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 SP500-25401030
The long term trend has been DOWN since Apr 3rd, 2018 at 380.05
The intermediate term trend has been UP since Apr 17th, 2018 at 393.85
The short term trend has been DOWN since Apr 20th, 2018 at 390.97
Smart Scan Analysis for SP500-25401030
Based on a pre-defined weighted trend formula for chart analysis, SP500-25401030 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||419.43||52wk High Date||2017-04-26|
|52wk Low||355.71||52wk Low Date||2017-11-06|