Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
S&P 500 COMMUNICATIONS EQUIPMENT SUB INC (CME:SP500-45201020)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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 SP500-45201020
The long term trend has been UP since Mar 17th, 2016 at 131.91
The intermediate term trend has been UP since Jun 13th, 2018 at 209.30
The short term trend has been DOWN since Jun 18th, 2018 at 206.07
Smart Scan Analysis for SP500-45201020
Based on a pre-defined weighted trend formula for chart analysis, SP500-45201020 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||215.79||52wk High Date||2018-05-10|
|52wk Low||146.65||52wk Low Date||2017-08-21|