Index Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
S&P 600 TRANS INDUSTRY GROUP (CME:SP600-2030)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SP600-2030
The long term trend has been DOWN since Mar 9th, 2017 at 1008.85
The intermediate term trend has been UP since Jun 7th, 2017 at 989.13
The short term trend has been DOWN since Jun 14th, 2017 at 998.40
Smart Scan Analysis for SP600-2030
Based on a pre-defined weighted trend formula for chart analysis, SP600-2030 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1136.83||52wk High Date||2016-12-09|
|52wk Low||787.9||52wk Low Date||2016-06-27|