Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
S&P 600 AUTO COMPONENTS INDUSTRY (CME:SP600-251010)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SP600-251010
The long term trend has been UP since Sep 26th, 2017 at 148.38
The intermediate term trend has been UP since Nov 28th, 2017 at 149.50
The short term trend has been DOWN since Dec 1st, 2017 at 146.88
Smart Scan Analysis for SP600-251010
Based on a pre-defined weighted trend formula for chart analysis, SP600-251010 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||154.53||52wk High Date||2017-11-30|
|52wk Low||126.64||52wk Low Date||2017-08-18|