Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
S&P 500 SEMICONDUCTORS & SEMICONDUCTOR (CME:SP500-4530)
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 SP500-4530
The long term trend has been UP since Feb 27th, 2018 at 1025.81
The intermediate term trend has been UP since May 10th, 2018 at 1022.43
The short term trend has been UP since Jun 13th, 2018 at 1076.99
Smart Scan Analysis for SP500-4530
Based on a pre-defined weighted trend formula for chart analysis, SP500-4530 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1095.24||52wk High Date||2018-06-07|
|52wk Low||741.81||52wk Low Date||2017-07-03|