Index Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
S&P 500 CONSUMER FINANCE SUB IND (CME:SP500-40202010)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SP500-40202010
The long term trend has been UP since Jul 25th, 2017 at 825.10
The intermediate term trend has been UP since Aug 20th, 2018 at 949.82
The short term trend has been DOWN since Sep 24th, 2018 at 981.30
Smart Scan Analysis for SP500-40202010
Based on a pre-defined weighted trend formula for chart analysis, SP500-40202010 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1003.31||52wk High Date||2018-01-16|
|52wk Low||808.75||52wk Low Date||2017-09-25|