Index Trend Analysis Report
Prepared for you on Saturday, June 24, 2017.
S&P 600 AUTO COMPONENTS INDUSTRY (CME:SP600-251010)
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 SP600-251010
The long term trend has been DOWN since Apr 5th, 2017 at 139.03
The intermediate term trend has been UP since Jun 12th, 2017 at 145.65
The short term trend has been UP since Jun 22nd, 2017 at 140.59
Smart Scan Analysis for SP600-251010
Based on a pre-defined weighted trend formula for chart analysis, SP600-251010 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||152.54||52wk High Date||2017-03-02|
|52wk Low||110.76||52wk Low Date||2016-06-27|