Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
S&P 500 ELEESTRIC UTIL INDUSTRY (CME:SP500-551010)
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 SP500-551010
The long term trend has been UP since Jun 28th, 2018 at 294.23
The intermediate term trend has been UP since Jun 25th, 2018 at 286.09
The short term trend has been UP since Jul 13th, 2018 at 296.00
Smart Scan Analysis for SP500-551010
Based on a pre-defined weighted trend formula for chart analysis, SP500-551010 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||323.03||52wk High Date||2017-11-15|
|52wk Low||264.54||52wk Low Date||2018-02-06|