Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
S&P US DOLLAR FUTURES EXCESS RETURN (CME:SPUSDP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 UP since May 1st, 2018 at 83.30
The intermediate term trend has been UP since Jun 14th, 2018 at 86.15
The short term trend has been DOWN since Jun 22nd, 2018 at 86.06
Smart Scan Analysis for SPUSDP
Based on a pre-defined weighted trend formula for chart analysis, SPUSDP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||87.17||52wk High Date||2017-06-26|
|52wk Low||79.61||52wk Low Date||2018-02-16|