Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
S&P 600 HOUSEHOLD & PERSONAL PRODUESTS (CME:SP600-3030)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SP600-3030
The long term trend has been UP since Aug 3rd, 2017 at 1242.82
The intermediate term trend has been UP since Apr 5th, 2018 at 1601.72
The short term trend has been DOWN since Apr 19th, 2018 at 1580.09
Smart Scan Analysis for SP600-3030
Based on a pre-defined weighted trend formula for chart analysis, SP600-3030 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1639.59||52wk High Date||2018-04-18|
|52wk Low||1098.1||52wk Low Date||2017-05-18|