Index Trend Analysis Report
Prepared for you on Saturday, July 21, 2018.
S&P 600 CHEMICALS INDUSTRY (CME:SP600-151010)
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 SP600-151010
The long term trend has been UP since Apr 17th, 2018 at 358.18
The intermediate term trend has been UP since May 21st, 2018 at 357.40
The short term trend has been UP since Jul 18th, 2018 at 370.44
Smart Scan Analysis for SP600-151010
Based on a pre-defined weighted trend formula for chart analysis, SP600-151010 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||374.93||52wk High Date||2018-07-19|
|52wk Low||284.47||52wk Low Date||2017-08-18|