Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
S&P 500 INTEGRATED TELECOM SE (CME:SP500-50101020)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 SP500-50101020
The long term trend has been DOWN since Dec 20th, 2018 at 152.74
The intermediate term trend has been DOWN since Dec 18th, 2018 at 155.74
The short term trend has been DOWN since Jan 10th, 2019 at 157.64
Smart Scan Analysis for SP500-50101020
Based on a pre-defined weighted trend formula for chart analysis, SP500-50101020 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||177.02||52wk High Date||2018-02-01|
|52wk Low||145.38||52wk Low Date||2018-05-09|