Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
S&P EQUAL WEIGHT INDEX UTIL (CME:SP500EW-55)
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 SP500EW-55
The long term trend has been UP since Jun 26th, 2018 at 1360.04
The intermediate term trend has been UP since Jun 25th, 2018 at 1333.44
The short term trend has been UP since Aug 15th, 2018 at 1409.03
Smart Scan Analysis for SP500EW-55
Based on a pre-defined weighted trend formula for chart analysis, SP500EW-55 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1482.89||52wk High Date||2017-11-15|
|52wk Low||1227.11||52wk Low Date||2018-02-06|