Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
S&P 500 SPECIALTY STORES SUB IND (CME:SP500-25504040)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SP500-25504040
The long term trend has been DOWN since May 16th, 2017 at 85.56
The intermediate term trend has been UP since Nov 16th, 2017 at 80.10
The short term trend has been DOWN since Dec 8th, 2017 at 80.78
Smart Scan Analysis for SP500-25504040
Based on a pre-defined weighted trend formula for chart analysis, SP500-25504040 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||91.1||52wk High Date||2017-04-10|
|52wk Low||74.63||52wk Low Date||2017-10-13|