Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
S&P 500 COMMUNICATIONS EQUIPMENT SUB INC (CME:SP500-45201020)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jul 26th, 2018 at 208.16
The short term trend has been UP since Aug 16th, 2018 at 210.26
Smart Scan Analysis for SP500-45201020
Based on a pre-defined weighted trend formula for chart analysis, SP500-45201020 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||217.05||52wk High Date||2018-08-16|
|52wk Low||146.65||52wk Low Date||2017-08-21|