Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
S&P 600 SEMICONDUCTORS SUB IND (CME:SP600-45301020)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SP600-45301020
The long term trend has been UP since May 31st, 2018 at 923.08
The intermediate term trend has been DOWN since Jul 30th, 2018 at 901.65
The short term trend has been DOWN since Aug 14th, 2018 at 905.78
Smart Scan Analysis for SP600-45301020
Based on a pre-defined weighted trend formula for chart analysis, SP600-45301020 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||980.64||52wk High Date||2017-11-22|
|52wk Low||779.6||52wk Low Date||2018-02-09|