Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
S&P 500 NON-US DOLLAR TOTAL RETURN (CME:SP500NUSDTR)
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 SP500NUSDTR
The long term trend has been UP since Jan 17th, 2017 at 293.96
The intermediate term trend has been UP since Jul 8th, 2018 at 381.67
The short term trend has been DOWN since Jul 19th, 2018 at 383.69
Smart Scan Analysis for SP500NUSDTR
Based on a pre-defined weighted trend formula for chart analysis, SP500NUSDTR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||421.87||52wk High Date||2018-01-29|
|52wk Low||338.36||52wk Low Date||2017-08-21|