Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
S&P 600 MULTILINE RETAIL INDUSTRY (CME:SP600-255030)
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 SP600-255030
The long term trend has been DOWN since Jun 25th, 2018 at 80.14
The intermediate term trend has been UP since Sep 14th, 2018 at 62.57
The short term trend has been UP since Sep 11th, 2018 at 59.22
Smart Scan Analysis for SP600-255030
Based on a pre-defined weighted trend formula for chart analysis, SP600-255030 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||105.73||52wk High Date||2018-06-12|
|52wk Low||53.87||52wk Low Date||2018-08-17|