Index Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
S&P 600 IT CONSULTING & OTHER SERVICES (CME:SP600-45102010)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 SP600-45102010
The long term trend has been DOWN since Nov 2nd, 2018 at 480.53
The intermediate term trend has been UP since Jan 7th, 2019 at 428.91
The short term trend has been UP since Jan 4th, 2019 at 423.08
Smart Scan Analysis for SP600-45102010
Based on a pre-defined weighted trend formula for chart analysis, SP600-45102010 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||570.18||52wk High Date||2018-09-14|
|52wk Low||388.97||52wk Low Date||2017-12-01|