Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
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 DOWN since Aug 1st, 2017 at 1252.33
The intermediate term trend has been UP since Oct 10th, 2017 at 1242.53
The short term trend has been UP since Nov 20th, 2017 at 1254.67
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||1323.6||52wk High Date||2016-12-15|
|52wk Low||1230.17||52wk Low Date||2017-09-28|