Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
S&P 500 HOUSEHOLD PRODUESTS INDUSTRY (CME:SP500-303010)
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 SP500-303010
The long term trend has been DOWN since Dec 17th, 2018 at 529.82
The intermediate term trend has been UP since Jan 15th, 2019 at 599.87
The short term trend has been DOWN since Jan 16th, 2019 at 590.80
Smart Scan Analysis for SP500-303010
Based on a pre-defined weighted trend formula for chart analysis, SP500-303010 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||615.64||52wk High Date||2017-12-27|
|52wk Low||485.16||52wk Low Date||2018-05-02|