Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
S&P 500 WATER UTIL (CME:SP500-55104010)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SP500-55104010
The long term trend has been UP since Jan 31st, 2017 at 106.76
The intermediate term trend has been UP since Oct 9th, 2017 at 122.44
The short term trend has been DOWN since Dec 12th, 2017 at 132.99
Smart Scan Analysis for SP500-55104010
Based on a pre-defined weighted trend formula for chart analysis, SP500-55104010 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||136.02||52wk High Date||2017-12-11|
|52wk Low||103.09||52wk Low Date||2017-01-12|