Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
S&P DIVERSIFIED TRENDS INDICATOR TRUST (CME:SPDTT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 SPDTT
The long term trend has been UP since Sep 3rd, 2018 at 1302.75
The intermediate term trend has been DOWN since Oct 11th, 2018 at 1294.43
The short term trend has been DOWN since Oct 23rd, 2018 at 1283.52
Smart Scan Analysis for SPDTT
Based on a pre-defined weighted trend formula for chart analysis, SPDTT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1318.92||52wk High Date||2018-10-04|
|52wk Low||1245.21||52wk Low Date||2017-10-23|