Index Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
S&P 500 RETAIL REITS (CME:SP500-60101070)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SP500-60101070
The long term trend has been UP since Dec 12th, 2017 at 108.14
The intermediate term trend has been DOWN since Jan 9th, 2018 at 106.00
The short term trend has been DOWN since Jan 18th, 2018 at 103.85
Smart Scan Analysis for SP500-60101070
Based on a pre-defined weighted trend formula for chart analysis, SP500-60101070 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||120.62||52wk High Date||2017-02-27|
|52wk Low||97.69||52wk Low Date||2017-10-31|