Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
S&P 600 HOUSEHOLD & PERSONAL PRODUESTS (CME:SP600-3030)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 SP600-3030
The long term trend has been DOWN since Dec 18th, 2018 at 1641.37
The intermediate term trend has been DOWN since Dec 18th, 2018 at 1641.37
The short term trend has been UP since Jan 15th, 2019 at 1662.11
Smart Scan Analysis for SP600-3030
Based on a pre-defined weighted trend formula for chart analysis, SP600-3030 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2102.98||52wk High Date||2018-09-13|
|52wk Low||1344.74||52wk Low Date||2018-02-06|