Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
S&P 500 HOUSEHOLD PRODUESTS INDUSTRY (CME:SP500-303010)
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 SP500-303010
The long term trend has been UP since Jul 26th, 2018 at 545.37
The intermediate term trend has been DOWN since Oct 4th, 2018 at 555.91
The short term trend has been DOWN since Oct 10th, 2018 at 552.12
Smart Scan Analysis for SP500-303010
Based on a pre-defined weighted trend formula for chart analysis, SP500-303010 scored -70 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|