Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
S&P 600 CONSTRUCTION MATERIALS INDUSTRY (CME:SP600-151020)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SP600-151020
The long term trend has been DOWN since Mar 1st, 2018 at 2371.10
The intermediate term trend has been UP since Jun 6th, 2018 at 2036.59
The short term trend has been DOWN since Jun 19th, 2018 at 2052.99
Smart Scan Analysis for SP600-151020
Based on a pre-defined weighted trend formula for chart analysis, SP600-151020 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2830.24||52wk High Date||2017-12-11|
|52wk Low||1751.27||52wk Low Date||2018-05-01|