Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
S&P SM-CAP 600 CAPPED INFO TECH (CME:SP600C-45)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 SP600C-45
The long term trend has been DOWN since Dec 6th, 2017 at 641.14
The intermediate term trend has been DOWN since Nov 2nd, 2017 at 690.03
The short term trend has been UP since Dec 14th, 2017 at 666.37
Smart Scan Analysis for SP600C-45
Based on a pre-defined weighted trend formula for chart analysis, SP600C-45 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||712.57||52wk High Date||2017-11-01|
|52wk Low||603.97||52wk Low Date||2017-01-12|