Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
S&P SPECIAL INDEX (CME:SP500NUSDER)
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 SP500NUSDER
The long term trend has been DOWN since May 4th, 2018 at 242.30
The intermediate term trend has been UP since Jul 8th, 2018 at 251.82
The short term trend has been UP since Jul 13th, 2018 at 253.05
Smart Scan Analysis for SP500NUSDER
Based on a pre-defined weighted trend formula for chart analysis, SP500NUSDER scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||280.42||52wk High Date||2018-01-29|
|52wk Low||226.13||52wk Low Date||2017-08-21|