Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
S&P 500 - HEALTH CARE SUPPLIES SUB IND (CME:SP500-35101020)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 SP500-35101020
The long term trend has been DOWN since Oct 8th, 2018 at 285.38
The intermediate term trend has been UP since Dec 3rd, 2018 at 245.50
The short term trend has been UP since Dec 12th, 2018 at 236.76
Smart Scan Analysis for SP500-35101020
Based on a pre-defined weighted trend formula for chart analysis, SP500-35101020 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||321.37||52wk High Date||2018-10-01|
|52wk Low||217.93||52wk Low Date||2018-10-25|