Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
S&P 500 WATER UTIL (CME:SP500-55104010)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Jan 12th, 2018 at 119.13
The intermediate term trend has been UP since Feb 26th, 2018 at 120.09
The short term trend has been DOWN since Mar 21st, 2018 at 119.18
Smart Scan Analysis for SP500-55104010
Based on a pre-defined weighted trend formula for chart analysis, SP500-55104010 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||136.02||52wk High Date||2017-12-11|
|52wk Low||109.91||52wk Low Date||2017-05-18|