Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
S&P 500 HOME ENTERTAINMENT SOFTWARE SUB (CME:SP500-45103030)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SP500-45103030
The long term trend has been UP since Feb 10th, 2017 at 302.78
The intermediate term trend has been DOWN since Sep 25th, 2017 at 438.72
The short term trend has been DOWN since Oct 17th, 2017 at 427.08
Smart Scan Analysis for SP500-45103030
Based on a pre-defined weighted trend formula for chart analysis, SP500-45103030 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||459.15||52wk High Date||2017-08-31|
|52wk Low||258.26||52wk Low Date||2016-12-02|