Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
S&P 500 HOME ENTERTAINMENT SOFTWARE SUB (CME:SP500-45103030)
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 SP500-45103030
The long term trend has been UP since Jan 11th, 2018 at 451.52
The intermediate term trend has been DOWN since Mar 22nd, 2018 at 472.42
The short term trend has been DOWN since Mar 14th, 2018 at 500.64
Smart Scan Analysis for SP500-45103030
Based on a pre-defined weighted trend formula for chart analysis, SP500-45103030 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||519.76||52wk High Date||2018-03-12|
|52wk Low||330.08||52wk Low Date||2017-03-22|