Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
S&P 600 THRIFTS & MTG FINANCE SUB (CME:SP600-40102010)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 SP600-40102010
The long term trend has been UP since Dec 18th, 2018 at 51.42
The intermediate term trend has been UP since Jan 14th, 2019 at 44.38
The short term trend has been UP since Dec 26th, 2018 at 40.30
Smart Scan Analysis for SP600-40102010
Based on a pre-defined weighted trend formula for chart analysis, SP600-40102010 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||54.57||52wk High Date||2018-06-11|
|52wk Low||42.72||52wk Low Date||2018-10-26|