Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
S&P 600 INSURANCE BROKERS SUB IND (CME:SP600-40301010)
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 SP600-40301010
The long term trend has been UP since Apr 27th, 2018 at 270.78
The intermediate term trend has been UP since Apr 3rd, 2018 at 225.98
The short term trend has been DOWN since Dec 6th, 2018 at 516.86
Smart Scan Analysis for SP600-40301010
Based on a pre-defined weighted trend formula for chart analysis, SP600-40301010 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||532.77||52wk High Date||2018-11-29|
|52wk Low||190.11||52wk Low Date||2018-03-02|