Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
S&P TOTAL MARKET INDEX HOUSEHOLD & PERSO (CME:STM3030)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 STM3030
The long term trend has been DOWN since Oct 11th, 2018 at 1984.10
The intermediate term trend has been DOWN since Oct 4th, 2018 at 2086.53
The short term trend has been UP since Oct 17th, 2018 at 2029.05
Smart Scan Analysis for STM3030
Based on a pre-defined weighted trend formula for chart analysis, STM3030 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2257.95||52wk High Date||2017-12-27|
|52wk Low||1847.03||52wk Low Date||2018-05-03|