Index Trend Analysis Report
Prepared for you on Sunday, March 26, 2017.
S&P SM-CAP 600 CAPPED INFO TECH (CME:SP600C-45)
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 SP600C-45
The long term trend has been UP since Mar 30th, 2016 at 478.78
The intermediate term trend has been DOWN since Mar 22nd, 2017 at 620.20
The short term trend has been DOWN since Mar 21st, 2017 at 633.05
Smart Scan Analysis for SP600C-45
Based on a pre-defined weighted trend formula for chart analysis, SP600C-45 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||653.06||52wk High Date||2017-02-21|
|52wk Low||452.47||52wk Low Date||2016-05-19|