Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
S&P US DOLLAR FUTURES EXCESS RETURN (CME:SPUSDP)
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 SPUSDP
The long term trend has been DOWN since Mar 24th, 2017 at 88.90
The intermediate term trend has been DOWN since Nov 22nd, 2017 at 84.03
The short term trend has been DOWN since Dec 11th, 2017 at 84.36
Smart Scan Analysis for SPUSDP
Based on a pre-defined weighted trend formula for chart analysis, SPUSDP scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||92.75||52wk High Date||2017-01-03|
|52wk Low||81.63||52wk Low Date||2017-09-08|