Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
S&P 600 MULTI-UTIL SUB IND (CME:SP600-55103010)
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 SP600-55103010
The long term trend has been DOWN since Jul 12th, 2018 at 247.21
The intermediate term trend has been UP since Oct 9th, 2018 at 252.70
The short term trend has been UP since Oct 16th, 2018 at 250.79
Smart Scan Analysis for SP600-55103010
Based on a pre-defined weighted trend formula for chart analysis, SP600-55103010 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||259.37||52wk High Date||2018-07-02|
|52wk Low||233.39||52wk Low Date||2018-03-07|