Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
S&P 600 TRANS INDUSTRY GROUP (CME:SP600-2030)
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 SP600-2030
The long term trend has been UP since Sep 21st, 2017 at 1029.83
The intermediate term trend has been DOWN since Oct 25th, 2017 at 1039.53
The short term trend has been UP since Nov 14th, 2017 at 1031.54
Smart Scan Analysis for SP600-2030
Based on a pre-defined weighted trend formula for chart analysis, SP600-2030 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1136.83||52wk High Date||2016-12-09|
|52wk Low||916.1||52wk Low Date||2017-08-24|