Index Trend Analysis Report
Prepared for you on Wednesday, January 16, 2019.
S&P 600 SOFTWARE & SERVICES INDUSTRY GROUP (CME:SP600-4510)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SP600-4510
The long term trend has been DOWN since Oct 10th, 2018 at 1993.99
The intermediate term trend has been UP since Jan 7th, 2019 at 1800.71
The short term trend has been UP since Jan 15th, 2019 at 1871.97
Smart Scan Analysis for SP600-4510
Based on a pre-defined weighted trend formula for chart analysis, SP600-4510 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2242.84||52wk High Date||2018-09-04|
|52wk Low||1664.92||52wk Low Date||2018-02-09|