Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
S&P SELECT SECTOR CAPPD 20% INDUS NET TRUST (CME:SPSUIN)
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 SPSUIN
The long term trend has been UP since Jul 31st, 2018 at 386.93
The intermediate term trend has been DOWN since Oct 9th, 2018 at 396.51
The short term trend has been DOWN since Oct 5th, 2018 at 399.73
Smart Scan Analysis for SPSUIN
Based on a pre-defined weighted trend formula for chart analysis, SPSUIN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||406.93||52wk High Date||2018-01-29|
|52wk Low||352.26||52wk Low Date||2017-11-15|