Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
S&P 600 GAS UTIL INDUSTRY (CME:SP600-551020)
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 SP600-551020
The long term trend has been UP since May 4th, 2018 at 786.91
The intermediate term trend has been DOWN since Jun 6th, 2018 at 765.59
The short term trend has been UP since Jun 15th, 2018 at 738.48
Smart Scan Analysis for SP600-551020
Based on a pre-defined weighted trend formula for chart analysis, SP600-551020 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||881.76||52wk High Date||2017-12-04|
|52wk Low||660.6||52wk Low Date||2018-02-06|