Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
S&P 500 SPECIALTY STORES SUB IND (CME:SP500-25504040)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SP500-25504040
The long term trend has been UP since Dec 18th, 2017 at 83.39
The intermediate term trend has been DOWN since Jan 31st, 2018 at 87.93
The short term trend has been DOWN since Jan 23rd, 2018 at 91.16
Smart Scan Analysis for SP500-25504040
Based on a pre-defined weighted trend formula for chart analysis, SP500-25504040 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||92.89||52wk High Date||2018-01-19|
|52wk Low||74.63||52wk Low Date||2017-10-13|