Index Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
S&P 500 HOUSEHOLD PRODUESTS INDUSTRY (CME:SP500-303010)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 SP500-303010
The long term trend has been DOWN since Oct 20th, 2017 at 581.80
The intermediate term trend has been DOWN since Jan 10th, 2018 at 600.39
The short term trend has been UP since Jan 17th, 2018 at 600.54
Smart Scan Analysis for SP500-303010
Based on a pre-defined weighted trend formula for chart analysis, SP500-303010 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||617.73||52wk High Date||2017-09-20|
|52wk Low||556.22||52wk Low Date||2017-01-19|