Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
S&P 600 - OIL & GAS REFINING & MARKETING (CME:SP600-10102030)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SP600-10102030
The long term trend has been DOWN since Jun 21st, 2017 at 121.76
The intermediate term trend has been UP since Dec 4th, 2017 at 116.48
The short term trend has been DOWN since Dec 5th, 2017 at 112.76
Smart Scan Analysis for SP600-10102030
Based on a pre-defined weighted trend formula for chart analysis, SP600-10102030 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||164.79||52wk High Date||2016-12-19|
|52wk Low||107.32||52wk Low Date||2017-11-15|