Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
S&P 500 INTEGRATED TELECOM SE (CME:SP500-50101020)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SP500-50101020
The long term trend has been DOWN since Mar 22nd, 2018 at 157.68
The intermediate term trend has been DOWN since Jun 14th, 2018 at 149.37
The short term trend has been DOWN since Jun 13th, 2018 at 154.45
Smart Scan Analysis for SP500-50101020
Based on a pre-defined weighted trend formula for chart analysis, SP500-50101020 scored -70 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|