Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
S&P SM-CAP 600 CAPPED UTIL TELE SERVICES (CME:SP600CUTTL)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SP600CUTTL
The long term trend has been UP since May 3rd, 2018 at 661.55
The intermediate term trend has been UP since Aug 6th, 2018 at 690.34
The short term trend has been UP since Aug 9th, 2018 at 693.04
Smart Scan Analysis for SP600CUTTL
Based on a pre-defined weighted trend formula for chart analysis, SP600CUTTL scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||723.01||52wk High Date||2017-12-04|
|52wk Low||606.55||52wk Low Date||2018-02-09|