Index Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
S&P 600 INDUSTRIAL CONGLOMERATES (CME:SP600-201050)
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 SP600-201050
The long term trend has been DOWN since Mar 7th, 2018 at 159.03
The intermediate term trend has been UP since Mar 8th, 2018 at 175.58
The short term trend has been UP since Apr 5th, 2018 at 170.52
Smart Scan Analysis for SP600-201050
Based on a pre-defined weighted trend formula for chart analysis, SP600-201050 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||196.77||52wk High Date||2018-01-31|
|52wk Low||128.61||52wk Low Date||2017-08-28|