Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
S&P 600 AUTO COMPONENTS INDUSTRY (CME:SP600-251010)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jun 6th, 2018 at 143.09
The intermediate term trend has been UP since May 17th, 2018 at 136.68
The short term trend has been UP since Jun 18th, 2018 at 146.03
Smart Scan Analysis for SP600-251010
Based on a pre-defined weighted trend formula for chart analysis, SP600-251010 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||156.31||52wk High Date||2018-01-17|
|52wk Low||126.64||52wk Low Date||2017-08-18|