Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
S&P 600 ASSET MGMT & CUSTODY BANK (CME:SP600-40203010)
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 SP600-40203010
The long term trend has been UP since Jan 12th, 2018 at 94.21
The intermediate term trend has been DOWN since Jun 25th, 2018 at 98.18
The short term trend has been DOWN since Jul 11th, 2018 at 96.74
Smart Scan Analysis for SP600-40203010
Based on a pre-defined weighted trend formula for chart analysis, SP600-40203010 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||101.69||52wk High Date||2018-06-11|
|52wk Low||78.45||52wk Low Date||2017-09-07|