Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
S&P 500 EQUAL WEIGHTED (NTR) (CME:SPXEWNTR)
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 SPXEWNTR
The long term trend has been UP since Jun 11th, 2018 at 5149.65
The intermediate term trend has been UP since May 14th, 2018 at 5049.07
The short term trend has been DOWN since Jun 15th, 2018 at 5144.57
Smart Scan Analysis for SPXEWNTR
Based on a pre-defined weighted trend formula for chart analysis, SPXEWNTR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5304.19||52wk High Date||2018-01-29|
|52wk Low||4472.9||52wk Low Date||2017-08-21|