Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
S&P US DOLLAR FUTURES EXCESS RETURN (CME:SPUSDP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since May 1st, 2018 at 83.30
The intermediate term trend has been UP since Oct 2nd, 2018 at 86.94
The short term trend has been UP since Dec 10th, 2018 at 88.67
Smart Scan Analysis for SPUSDP
Based on a pre-defined weighted trend formula for chart analysis, SPUSDP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||89.23||52wk High Date||2018-11-13|
|52wk Low||79.61||52wk Low Date||2018-02-16|