Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
S&P 600 HOUSEHOLD & PERSONAL PRODUESTS (CME:SP600-3030)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SP600-3030
The long term trend has been UP since Aug 3rd, 2017 at 1242.82
The intermediate term trend has been DOWN since Sep 19th, 2018 at 1984.21
The short term trend has been DOWN since Sep 13th, 2018 at 2052.62
Smart Scan Analysis for SP600-3030
Based on a pre-defined weighted trend formula for chart analysis, SP600-3030 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2102.98||52wk High Date||2018-09-13|
|52wk Low||1317.49||52wk Low Date||2017-11-07|