Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
S&P DIVERSIFIED TRENDS INDICATOR TRUST (CME:SPDTT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 SPDTT
The long term trend has been DOWN since Jun 5th, 2018 at 1275.14
The intermediate term trend has been UP since Aug 12th, 2018 at 1289.36
The short term trend has been DOWN since Aug 15th, 2018 at 1287.90
Smart Scan Analysis for SPDTT
Based on a pre-defined weighted trend formula for chart analysis, SPDTT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1305.72||52wk High Date||2018-05-21|
|52wk Low||1230.17||52wk Low Date||2017-09-28|