Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
S&P 500 COMMUNICATIONS EQUIPMENT SUB INC (CME:SP500-45201020)
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 SP500-45201020
The long term trend has been DOWN since Dec 17th, 2018 at 200.69
The intermediate term trend has been UP since Jan 15th, 2019 at 204.57
The short term trend has been UP since Jan 7th, 2019 at 201.10
Smart Scan Analysis for SP500-45201020
Based on a pre-defined weighted trend formula for chart analysis, SP500-45201020 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||230.07||52wk High Date||2018-10-03|
|52wk Low||173.87||52wk Low Date||2017-12-01|